2009-2010 Foundations Annual Report

FOUNDATIONS

ANNUAL REPORT 2009–2010 ECU Foundation Inc. ECU Medical & Health Sciences Foundation Inc. ECU Educational Foundation Inc. East Carolina Alumni Association Inc.

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Future Growth of

Another year has passed—not an easy year—and once again, I find myself extolling the virtues of the Pirate Nation. Despite unprecedented challenges on many fronts, East Carolina University remains what it has been and always will be, an institution that believes in its mission and delivers on its promise of opportunity. And you have played a large part in helping us deliver on those promises.

Over the past two years, we have faced economic challenges on a domestic and global scale that have tested us and stretched our resources, but ECU remains strong in our students, faculty, and staff, and our mission and our future. While thoughts of these financial crises and their impact on the university’s fiscal sustainability have dominated our thoughts for two years, I believe that we will not just survive these trials, we will be better because of it.

In spite of these challenges, we are looking toward, and planning for, a future full of growth and achievement at East Carolina.

We have more students than ever and have grown faster over five years than any other university in North Carolina, we have added more than 550 new faculty since 2002, we are experiencing an unprecedented building boom accounting for nearly $300 million in new facilities with more in the planning stages, we are on track to open a new dental school in 2011, one of only three new dental schools in the nation to be built over the past decade,

we enjoy athletic success across many sports, and we continue to invest in our biggest priority, our students, through protecting our academic core and continually improving the student experience.

A growing base of philanthropic support has joined our traditional financial sources—state appropriations, student tuition and auxiliary enterprises—to help make these things possible. Now more than ever, private support is vital for East Carolina and your contribution has truly made a difference for our university. This annual report tells the stories of only a few examples of the profound impact your support has at ECU. I extend my sincere gratitude for your continued dedication to East Carolina and I look forward to sharing more stories of promise and opportunity with you in the future.

We are confident in our abilities and our resolve. We can design our own future if we stay true to our history, mission, and values.

Thank you for your commitment to East Carolina. It is a great time to be a Pirate!

Sincerely,

Steve Ballard Chancellor

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contents

The Big Picture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 SECOND CENTURY CAMPAIGN

A Mark of Dedication . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Campaign Update . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 East Carolina University Foundation INC.

A Celebration of Giving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Feature Stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Advancement Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Financial Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 ECU MEDICAL & HEALTH SCIENCES FOUNDATION INC.

A Wealth of Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Feature Stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Advancement Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Financial Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 ECU Educational Foundation INC.

An Abundance of Pride . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 Feature Stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Advancement Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Financial Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 EAST CAROLINA Alumni Association

A Demonstration of Gratitude . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 Mission . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 Feature Stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 Alumni Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 Financial Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 Order of the Cupola . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 Leo W. Jenkins Society . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Ways to Give to ECU . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 Contact Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72

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Picture The Big

The Work of East Carolina’s Foundations The fund-raising arms of East Carolina University are its three foundations: the East Carolina University Foundation Inc., the ECU Educational Foundation Inc. (Pirate Club), and the ECU Medical & Health Sciences Foundation Inc. At the same time, the East Carolina Alumni Association nurtures a connection between ECU and its graduates, whose support of the university is vital.

Private support of ECU through these foundations provides resources that state support cannot, such as student scholarships, state-of-the-art equipment, programs that enrich the educational experience of all East Carolina students, and enhancements to our athletics facilities.

Generous support from alumni and friends continues to be a key ingredient in East Carolina University’s rich tradition of reaching new levels of achievement in student enrollment, academic accomplishment, athletic excellence, and economic development for eastern North Carolina.

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The Big Picture

Capital Grants 3% Grants and Contracts 9%

Other Noncapital Grants 2%

State Appropriations 35%

SOURCES OF REVENUE FOR ECU THIS YEAR The largest source of revenue for East Carolina University comes from the services it provides. These services include tuition, fees, student housing and dining services, and patient medical services. State appropriations are the next largest portion of revenue. Grants from and contracts with governmental and not-for-profit organizations are also major sources of revenue. Charitable gifts to the university’s foundations are an increasingly important source of revenue.

Tuition and Fees 18%

Sales and Services 10%

Gifts 1% Patient Services 21%

Investment Income 1%

Other Organizations 10%

Corporations 9%

SOURCES OF GIFTS TO ECU FOUNDATIONS THIS YEAR

Alumni 39%

Alumni and other individuals are the largest contributors to the university’s foundations, making up 58 percent of total giving.

Charitable foundations and other organizations account for the next largest block of contributors.

Charitable Foundations 23%

Other Individuals 19%

$19

$19.1

2007

2008

$21.5

$21.6

2009

2010

$17 $15.3

Contributions to the ECU-related foundations continue to increase each year, funding the margin of excellence for both current and future students.

DOLLARS (in millions)

ContRibutions to ECU Foundations

2005

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2006

The Big Picture

Facility Enhancements 7%

FOUNDATIONS’ SUPPORT OF ECU IN 2009–2010 During the past six years, the ECU-related foundations have provided vital support to the university. This support funded scholarships, programs, and facility enhancements.

Programs 33% Scholarships 60%

$19.2 $14.3 $12.6

FOUNDATIONS’ SUPPORT OF ECU

$13.7 $11.5

DOLLARS (in millions)

During the past six years, the ECU-related foundations have provided increased support to the university.

$12.4

2005

2006

2007

2008

2009

2010

NET ASSETS OF ECU FOUNDATIONS (millions of $s)

2005

2006

2007

2008

2009

2010

$ 59.1

$ 67.2

$ 80.7

$ 80.5

$ 65.4

$ 73.4

ECU MEDICAL & HEALTH SCIENCES FOUNDATION

26.8

28.4

32.9

31.1

25.5

32.2

ECU EDUCATIONAL FOUNDATION

16.8

17.6

19.5

20.9

1.0

0.7

1.0

1.2

$ 103.7

$ 113.9

$ 134.1

$ 133.7

ECU Foundation

EAST CAROLINA ALUMNI ASSOCIATION

TOTAL NET ASSETS

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19.5 24.7 1.1

$ 111.5

1.4

$ 131.7

The Big Picture

$95

$90 $79

$104 $89

$70

DOLLARS (in millions)

MARKET VALUE OF ENDOWMENTS AT ECU (NACUBO Survey) Endowments are important to East Carolina University because they provide perpetual financial support. The perpetual nature of endowments makes them an important component of university funding.

2005

2006

2007

2008

2009

2010

Cash 1% Alternatives 22%

INVESTMENT PORTFOLIO (NACUBO Survey) The investment objective for the foundations’ endowment portfolio is to manage the portfolio in a manner that will maximize the benefits intended by donors, support the university’s programs, and generate sufficient long-term growth of capital without undue exposure to risk. The portfolio is designed to provide a sustainable level of spending distributions as well as enhance the real (inflation adjusted) purchasing power of the endowments. The portfolio is invested in a diversified asset allocation.

U.S. Equities 44%

Int’l. Equities 14%

Fixed Income 19%

INVESTMENT PORTFOLIO PERFORMANCE

1 YEAR

3 YEAR

5 YEAR

ECU CONSOLIDATED PORTFOLIO

13.75%

-3.66%

3.23%

BNY MELLON ENDOWMENT & FOUNDATION

12.7%

-3.7%

3.3%

70% S&P 500/30% BC AGGREGATE

13.3%

-4.5%

1.4%

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SECOND CENTURY CA M PA I G N

Mark Dedication A

of

From Mickey Dowdy, Vice Chancellor for University Advancement

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In March 2008, East Carolina University publicly launched its Second Century Campaign, a comprehensive campaign with a goal of $200 million to support many aspects of the university. While the monetary goal was simple but ambitious, the true goal of the campaign is to help provide financial resources necessary to undergird ECU Tomorrow: A Vision for Leadership and Service, the strategic plan adopted by the university’s Board of Trustees in 2007. This plan forms the basis of the university’s future, setting out very specific objectives to ensure that ECU continues to be a world-class institution with a strong positive impact on its students, faculty and staff, and eastern North Carolina, where it stands as one of the region’s largest economic drivers and a source of quality health care for the region.

Although implementing this plan may require more than $1 billion in state, federal, and private funding over the next decade, the Second Century Campaign is among the first steps toward accomplishing this important goal. Now, nearly three years after its launch, thousands of ECU’s alumni, donors, and friends like you have stepped up to support this vision for ECU’s future, adding their voices to the ever-growing chorus of Pirates that believe that tomorrow truly starts at ECU. We’ve made great strides toward accomplishing our goal. But we’re not there yet.

As one of the tens of thousands of donors to the Second Century Campaign, you are among impressive company, those people that know that a gift to East Carolina is more than just a contribution to a university—it is a vote of confidence in our university and the students that will become the leaders for the next generation. And that vote of confidence will have an effect on more than just East Carolina

University. It will affect the communities that get their first dentist because of ECU’s new School of Dental Medicine, the students taught by a teacher that earned a degree in his community through Wachovia Partnership East, the patient that comes to the East Carolina Heart Institute to be treated for heart disease, and the student that graduates unburdened by debt because of the support from a privately-funded scholarship program.

Through your contribution to the Second Century Campaign, you have made a difference at East Carolina that will spread far beyond eastern North Carolina, and for that we are grateful. In 2011, we hope to reach and exceed the ambitious goal of $200 million for the Second Century Campaign, but we need your continued support to do it. Please consider how you might support ECU as we reach toward even more ambitious goals in our bright, bright future.

Mickey Dowdy Vice Chancellor University Advancement

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Second Century Campaign

Campaign Charges Forward Gifts help fund-raising

efforts approach goal

Well on our way to meeting the $200 million goal set for the university’s Second Century Campaign, East Carolina University needs your support. We have raised more than 90 percent of the $200 million goal more than a year ahead of schedule. And we have the momentum to raise $200 million and more to support every aspect of the university, including student scholarships, professorships, lectureships, research and outreach, facilities, and athletics. Let’s make 2011 the year we go over the top!

C a m p a i g n P r o g r e ss

Now in its second century, East Carolina is stronger than ever. We are confident in our faculty, staff, and students, our mission, and our future. We are confident in our abilities and our resolve. Our legacy over 103 years is one of service, passion, access, promises kept, respect for diversity, and generosity, and that will not change. But these uncertain economic times make your support of East Carolina and the Second Century Campaign more important than ever. With increasing demands for funding across the university, it is imperative that 2011 is the year that we meet and exceed our $200 million goal. The demands for funding are increasing at an alarming rate and we must provide the resources to meet those needs.

In 2011, consider how you can support East Carolina University’s Second Century Campaign. Gifts may be designated for the program, college or school, or area of your choice. Every gift, whether large or small, makes a difference. Let’s go over the top in 2011.

$190,216,000 160,000,000 120,000,000 80,000,000 40,000,000

For more information about the Second Century Campaign and how you can contribute, contact East Carolina University Vice Chancellor for Advancement Mickey Dowdy at 252-328-9550 or visit www.ecu.edu/devt.

* as of December 31, 2010

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East Carolina University Foundation “We thank each of the loyal alumni and friends of East Carolina University who support our ongoing efforts to achieve the vital mission of this great institution with both their advocacy and their gifts.”

—Carol Mabe

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EAST CAROLINA UNIVERSITY FOUNDATION

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Celebration Giving of

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East Carolina University’s positive impact on our community, region, and state is widely recognized, and the ECU Foundation provides strong support for the university’s mission of becoming a national model for public service and regional transformation and creating a strong and sustainable future for eastern North Carolina. Our dedicated board of directors and experienced professional staff partner closely with ECU’s administration to provide funding for a wide variety of programs and purposes critical to achieving this mission and ensuring the success of our students, the future of our institution, and the progress of the region.

As the demand for financial aid rises, a key focus of the ECU Foundation continues to be the expansion of the Access Scholarship program, which provides an educational opportunity for North Carolina students with strong potential but limited means to pursue an education. We are also strongly committed to increasing funding for academic scholarships to help attract top students to our university. In addition, our endowments fund academic chairs, professorships, and a variety of programs that deliver the margin of excellence at ECU, and we continue to partner with the university to acquire real estate property essential for future growth.

During another year of significant economic challenges and reductions in state funding for higher education, the ECU Foundation worked diligently with University Advancement staff to deliver a successful year of private fund raising toward the Second Century Campaign goal of $200 million. We also realized a strong rebound in the value of our endowments in spite of uncertain economic times.

As the operations of many financial institutions and businesses are under scrutiny, the ECU Foundation prides itself on a commitment to the highest integrity in everything we do. We are diligent in our financial management, carefully controlling costs and delivering a balanced budget. We provide total transparency of all operations through our Web site and adhere to all governance best practices.

We thank each of the loyal alumni and friends of East Carolina University who support our ongoing efforts to achieve the vital mission of this great institution with both their advocacy and their gifts.

Carol Mabe Chair ECU Foundation Board of Directors

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Members of the ECU Foundation Board of Directors are shown above. Front row (L–R): Lisa D. Benton, Burney S. Warren III, Michael B. Dowdy, W. Kurt Fickling, Carol M. Mabe, Mark E. Tipton, Steve Ballard, M. Reid Overcash, Irwin C. Roberts, Robert G. Brinkley. 2nd row (L–R): Bill F. Clark, Brenda D. Myrick, Paul J. Gemperline, Robert A. Ward, Margaret C. Ward, Kay H. Chalk, W. Ken Chalk, Carl W. Davis, Rebecca D. Flowers, Alan R. White, Lynn L. Lane, Patricia A. Fazzone. 3rd row (L–R): Steve W. Jones, Glen G. Gilbert, Douglas H. “Wil” Wilkinson III, S. Reid Fogleman, Suzanne J. Brooks, Marilyn Sheerer, David R. Twiddy, Julian W. Rawl, W. Kel Normann, Larry M. Boyer, Bonnie L. Brown. 4th row (L–R): T. Frederick Webb, David M. White, Henry W. Hinton Jr., James M. Galloway, Deirdre M. Mageean, Donald K. Brinkley, Linda A. Patriarca, Fielding J. Miller, Walter J. Pories, Frederick D. Niswander, W. Phillip Hodges, Samuel J. Wornom, Philip R. Mahoney, Judy A. Siguaw, A. Wayne Holloman, Philip R. S. Waugh, Robert S. Plybon, Michael A. Dorsey.

East Carolina University Foundation The East Carolina University Foundation is a dynamic, forward-looking volunteer organization that plays a critical role in advancing our university.

This tax-exempt body cultivates friends; raises, manages, and distributes private resources to benefit the institution, its students, and its academic programs; provides positive public advocacy; and ensures the “margin of excellence” that defines East Carolina University today and in the future.

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EAST CAROLINA UNIVERSITY FOUNDATION

OFFICERS Chair Carol M. Mabe Former Vice President, Russell Corporation (retired) Oriental, NC

Secretary Lisa D. Benton Sr. VP, Human Resources Wachovia Corporation Greenville, NC

Treasurer Kevin R. Seitz Vice Chancellor, Administration & Finance East Carolina University Greenville, NC

Vice Chair Steven W. Jones Executive Vice President, First American Financial Management Company Raleigh, NC

Assistant Secretary A. Wayne Holloman Owner, Wayne Holloman & Associates Greenville, NC

Past Chair W. Kendall Chalk Former Sr. Exec., VP & CCO, BB&T Corp. (retired) Winston-Salem, NC

President and ceo William F. (Bill) Clark President and CEO, ECU Foundation Inc. Greenville, NC

Assistant Secretary Thomas F. Taft Sr. Attorney, Taft, Taft & Haigler Former N.C. State Senator Greenville, NC

BOARD OF DIRECTORS Thomas R. Bland President, Preservation Homes Fuquay Varina, NC

Rebecca D. Flowers Owner, River Dell Development Inc. Clayton, NC

Philip R. Mahoney CEO, American Security Mortgage Charlotte, NC

William G. Blount President, Home Builders Supply Greenville, NC

S. Reid Fogleman Sr. Marketing Officer, Maxwell 3 Raleigh, NC

J. Fielding Miller CEO, CapTrust Financial Advisors Raleigh, NC

David A. Bond President, watchmegopro.com Raleigh, NC

William P. Furr Former VP, Cumulus Fibres Inc. (retired) Vero Beach, NC

Brenda D. Myrick Administrator, Operative Services, Pitt County Memorial Hospital Greenville, NC

Donald K. Brinkley VP, East Carolina Bank New Bern, NC

James M. Galloway, MD Partner, Pitt Family Physicians Greenville, NC

Robert G. Brinkley Attorney (retired) Charlotte, NC

Henry W. Hinton Jr. President, Hinton Media Group Greenville, NC

Suzanne J. Brooks Exec. VP, Pepsi-Cola Bottling Company of Central VA Keswick, VA

W. Phillip Hodges President and CEO, Metrics Inc. Williamston, NC

Jimmy E. Creech President, Industrial & Construction Enterprises Greenville, NC W. Kurt Fickling President, Fickling Insurance Consultants Inc. Greenville, NC M. Dustin Field President, CEO, Boylan Companies Raleigh, NC

Alvin B. Hutzler II President, Cliff Weil Inc. Richmond, VA Michael W. Kelly Owner, Kelly’s Outer Banks Restaurant Nags Head, NC John R. Lancaster President, CDS Properties Wilmington, NC Lynn L. Lane Former Sr. VP & Treasurer, R. J. Reynolds Tobacco (retired) Chocowinity, NC

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W. Keller Normann President, Normann Financial Group Sanford, NC Rosie S. O’Neal Pastor, Koinonia Christian Center Church Greenville, NC Robert B. Plybon CEO, Plybon & Associates Greensboro, NC Walter J. Pories, MD Professor of Surgery and Biochemistry ECU Department of Surgery Macclesfield, NC Julian W. (Bubba) Rawl Partner, Preston Development Co. Greenville, NC Irwin C. Roberts President, Division One, Golden Corral Corporation Raleigh, NC W. Allen Separk Attorney Marietta, GA

EAST CAROLINA UNIVERSITY FOUNDATION

Stephen D. Showfety President, Koury Corporation Greensboro, NC

David R. Twiddy Owner, Gateway Insurance Services Inc. Elizabeth City, NC

T. Frederick Webb, DDS Periodontist; President, TFW Greenville, NC

Vincent C. Smith Board Adjudicator, Department of Defense Vienna, VA

Margaret C. Ward Former Educator (retired) Burlington, NC

Douglas H. Wilkinson III President, Wilkinson Automotive Inc. Sanford, NC

Mark E. Tipton CEO, Whistler Investment Group Wake Forest, NC

Robert A. Ward Former Exec VP, Unifi (retired) Burlington, NC

Samuel J. Wornom President, Nouveau Investments Sanford, NC

Ex-officio Steve C. Ballard Chancellor, East Carolina University Greenville, NC Larry M. Boyer Dean, Academic Library and Learning Resources East Carolina University Greenville, NC

Glen G. Gilbert Dean, College of Health & Human Performance East Carolina University Greenville, NC Robert J. Greczyn Jr. Chair, ECU Board of Trustees Cary, NC

Marilyn A. Sheerer Provost, East Carolina University Greenville, NC Judy A. Siguaw Dean, College of Human Ecology East Carolina University Greenville, NC

Kay H. Chalk Chair, ECU Women’s Roundtable Winston-Salem, NC

Ernest Logemann Chair, ECU Alumni Board Winston-Salem, NC

Burney S. Warren III ECU Real Estate Foundation East Carolina University Greenville, NC

Michael B. “Mickey” Dowdy Vice Chancellor, University Advancement East Carolina University Greenville, NC

Deirdre M. Mageean Vice Chancellor, Research & Grad. Studies East Carolina University Greenville, NC

Alan R. White Dean, Harriot College of Arts and Sciences East Carolina University Greenville, NC

Jeffery S. Elwell Dean, College of Fine Arts & Comm.

East Carolina University Greenville, NC

Frederick D. Niswander Dean, College of Business East Carolina University Greenville, NC

David A. White Interim Dean, College of Technology and Computer Science East Carolina University Greenville, NC

Linda A. Patriarca Dean, College of Education East Carolina University Greenville, NC

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Lynn N. Kelso (pictured) and his business partner, Clarence “Pop� Beasley, made what was then one of the largest gifts ever to ECU in 1987, when they established the Lynn N. Kelso Charitable Remainder Untitrust and the Clarence Beasley Charitable Remainder Unitrust. Both untitrusts were liquidated upon their deaths in 2006 and 2010; the proceeds will benefit general education purposes at ECU.

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EAST CAROLINA UNIVERSITY FOUNDATION

Supporters Give Back

Two friends join to leave ECU invaluable undesignated gift

In 1987, Lynn Kelso and Clarence “Pop” Beasley made a commitment to East Carolina University that would help them during their lifetimes while benefiting ECU long after they are gone. By establishing the Lynn N. Kelso Charitable Remainder Unitrust and the Clarence Beasley Charitable Remainder Unitrust, they contributed more than $1 million to the ECU Foundation to be used for general education purposes. Since their gift was given without restrictions on its use, it was—and remains—in rare company.

Today, approximately 1 percent of contributions to ECU are given without designation for its use. Undesignated gifts are important to ECU because they allow the university to support student scholarships, academic programs, and other areas in the manner it sees fit.

“When donors make undesignated gifts to the ECU Foundation, they are providing the funds and the flexibility for us to support the university’s greatest needs at the time they need it the most,” said ECU Foundation President Bill Clark. “Undesignated gifts are our most valuable assets because they can be used when and where we need them.”

With charitable remainder unitrusts, assets are transferred into a trust, and the trustee manages the trust assets and pays the donor or people of their choice a variable income for life or for a term of years. Upon their death or after a fixed term, the remaining assets in the trust are transferred to ECU. Upon Kelso’s death in March 2010, the remainder of their contribution came to ECU to support its students, faculty, and academic programs.

“These trusts are good for everyone.

I think those of us who have been fortunate enough to acquire a little something should help the universities that helped us make it.”

— C LA R EN C E “ P O P ” B EA S LEY

Before his death in 2006, Beasley said of the gift, “These trusts are good for everyone.

We can use the income now, and it’s nice to know that will eventually help the students of eastern North Carolina. I think those of us who have been fortunate enough to acquire a little something should help the universities that helped us make it.”

According to Kelso, the decision to make the gift came from a deep sense of gratitude and community service. “Pop and I are both interested in eastern North Carolina. What’s good for eastern North Carolina is good for all of us.”

And that is as true today as it was in 1987.

After meeting in 1947 as US Marine Corps officers at amphibious warfare school in Quantico, Virginia, Beasley and Kelso formed a lifelong friendship.

They were stationed at the Cherry Point Marine Corps Air Station together and attended classes in business administration at ECU’s Cherry Point Center. Kelso retired from the military in 1962 and Beasley in 1963. In 1962, they started Beasley-Kelso & Associates Inc., a real estate and insurance firm in New Bern, North Carolina, where they remained business partners for the next 19 years.

For more information about contributing to the ECU Foundation or setting up a charitable remainder unitrust to benefit ECU, contact Bill Clark at 252-3289594 or Greg Abeyounis at 252-328-9573.

And together, Kelso and Beasley left a strong legacy at ECU. They donated a real-estate development corporation to the ECU Foundation, and the corporation’s assets were liquidated to fund the two charitable remainder unitrusts that would revert to ECU upon their deaths.

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In 2010, James and Connie Maynard renewed their support of the Maynard Scholars program for ECU’s College of Education.

The program named in their honor provides scholarship support to a select group of students from eastern North Carolina, provided they return to teach in eastern North Carolina schools.

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EAST CAROLINA UNIVERSITY FOUNDATION

Scholarship Impacts the East Maynards fund more teachers

in eastern North Carolina

In 2006, East Carolina alumni James and Connie Maynard made a decision that has already changed the lives of students in the university’s College of Education and communities throughout eastern North Carolina. Through a gift to the College of Education, they established the Maynard Scholarship program, which funds scholarships for 10 students from eastern North Carolina each year and requires that recipients teach in a public, charter, or government school in eastern North Carolina after graduation.

“Both of us really value education for the kids of eastern North Carolina.

We feel like ECU does a marvelous job of serving the area where we were both raised, and our way to try to have a small part in the education of children in eastern North Carolina is through creating new teachers,” said James Maynard. “It was our choice to invest our money in kids interested in education. We feel like you couldn’t do anything better for the kids.”

In 2010, they renewed their commitment to the Maynard Scholars program for four more years and committed to funding the Maynard Access Scholars Fund, which will provide scholarship support to 10 students over a five-year period.

kids than try to improve their education,” James Maynard said. “We can do that through developing really outstanding teachers, and these young people that go into the Maynard Scholars program are people that have expressed a desire and demonstrated their ability to be top performers.”

“I had wonderful teachers in Plymouth growing up, and I was so prepared coming here,” Connie Maynard said. “I had such a good experience because of my teachers being so good. I want to have the same kind of teachers for the children coming up now.”

“Our vision would be that children in eastern North Carolina are able to have a better education because of the dedicated teachers that will come out of this program and go back into the east.”

James, originally from Jacksonville, North Carolina, and Connie Mizelle Maynard, originally from Plymouth, North Carolina, met at East Carolina, where James majored in psychology and Connie majored in elementary education.

Married nearly 50 years, they have two children, Easter and Quinton, and four grandchildren. James is cofounder and chairman of Investors Management Corp., the holding company that owns Golden Corral restaurants. With more than 500 restaurants in 41 states, Maynard has built Golden Corral into a major restaurant chain across the country.

The Maynards fund a number of other scholarships and programs at ECU, including one in the School of Music that honors James’s late brother and one that honors Connie’s late mother, Jeanette, and provide corporate support of the College of Human Ecology by funding the Golden Corral Culinary Center in the hospitality management program. But educating students and training teachers has been their main focus of late.

“Our personal experience with the schools and the economic conditions of eastern North Carolina, we feel like you couldn’t do anything better for the

— JA M ES M AY NA R D

Maynard Scholars have up to seven years after graduation to teach in eastern North Carolina.

“We feel like that by targeting students from eastern North Carolina, they are more likely to teach there,” Connie said.

“That’s our homeland,” said James.

With the success of the first four years of the program, both James and Connie Maynard have high hopes for the long-term impact of the Maynard Scholars program.

“Our vision would be that children in eastern North Carolina are able to have a better education because of the dedicated teachers that will come out of this program and go back into the east,” James said.

“Success would be that there are more kids from eastern North Carolina that do go to college and become fully productive citizens.”

And they urge other alumni to follow their lead and contribute to the school, college or program of their choice.

“The satisfaction that comes from making investments in your university is as meaningful to a life’s work as almost anything a person could do,” James said.

“If you are fortunate to get an education at your university, giving back is easy and pleasurable.”

For more information about the Maynard Scholars program, contact Teaching Fellows Director Dionna Manning at 252-328-4126 or manningd@ecu.edu.

For more information about contributing to the College of Education, contact Marcy Romary at 252-328-9580 or romarym@ecu.edu.

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EAST CAROLINA UNIVERSITY FOUNDATION

East Carolina University Foundation

Advancement Staff

Bill Clark President and CEO ECU Foundation 252-328-9594 clarkw@ecu.edu

Greg Abeyounis Assistant Vice Chancellor for University Development 252-328-9573 abeyounisg@ecu.edu

Christy Deardorff Director of Annual Giving 252-328-9579 deardorffc@ecu.edu

Sharon Hamilton Director of Corporate and Foundation Relations 252-328-9570 hamiltons@ecu.edu

Kay Murphy Director of Advancement Services 252-328-9563 murphyk@ecu.edu

Cynthia Adams Major Gifts Officer J. Y. Joyner Library 252-328-9577 adamscy@ecu.edu

Kathy Brown Major Gifts Officer College of Human Ecology 252-328-9552 brownk@ecu.edu

Maureen Devine Director of Donor Relations and Scholarships 252-328-9559 devinem@ecu.edu

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EAST CAROLINA UNIVERSITY FOUNDATION

Michael Ward Major Gifts Officer College of Technology and Computer Science and Division of Student Affairs 252-328-9566 wardmi@ecu.edu

Marcy Romary Senior Major Gifts Officer College of Education Director of Women’s Philanthropy 252-328-9580 romarym@ecu.edu

Duane Grooms Major Gifts Officer College of Health and Human Performance 252-328-4662 groomsd@ecu.edu

Jon Lancaster Controller 252-328-9596 lancasterj@ecu.edu

Colin O’Connor Senior Major Gifts Officer College of Business Director of Academic Leadership Programs Philanthropy 252-328-9562 oconnorc@ecu.edu

Nancy L. Ball Major Gifts Officer College of Fine Arts and Communication 252-737-1505 balln@ecu.edu

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Tammy Garris Director of Gift Records 252-328-9572 garrist@ecu.edu

Jennifer Tripp Major Gifts Officer, Thomas Harriot College of Arts and Sciences 252-737-4201 trippj@ecu.edu

Kara Loftin Director of Communications 252-328-9597 loftink@ecu.edu

EAST CAROLINA UNIVERSITY FOUNDATION

East Carolina University Foundation INC.

Financial Information Consolidated Financial Report The accounting firm of Clifton Gunderson LLP, Certified Public Accountants, has completed the annual audit of the books and records of the East Carolina University Foundation Inc. and its consolidated affiliate for the fiscal year ended June 30, 2010. The ECU Foundation Inc. received an unqualified opinion from the auditors. A full copy of the audited financial report, which includes the auditor’s opinion letter, is available for review on the foundation’s Web site at www.ecu.edu/ecuf.

For your convenience, the following summary financial statements of the ECU Foundation Inc. are included on the next page:

Statements of Financial Position Statements of Activities

IRS Form 990 The East Carolina University Foundation Inc. is a 501(c)(3) nonprofit organization and is required to file an IRS Form 990 each year. A copy of the latest Form 990 is available for review on the foundation’s Web site at www.ecu.edu/ecuf.

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EAST CAROLINA UNIVERSITY FOUNDATION

EAST CAROLINA UNIVERSITY FOUNDATION INC. AND CONSOLIDATED AFFILIATE Summary Financial Statements Fiscal Years Ended June 30, 2010 and 2009 in Thousands of Dollars

Statement of financial position assets

Year Ended 6/30/2010

Year Ended 6/30/2009

Cash $ Other Current Assets Investments Capital Assets Other Assets Total Assets $

4,903 $ 1,832 1,168 4,022 60,462 52,872 3,462 3,455 9,485 9,144 79,480 $ 71,325

liabilities and net assets

Current Liabilities $

Long-term Liabilities

Unrestricted Net Assets

Temporarily Restricted Net Assets

Permanently Restricted Net Assets

Total Liabilities and Net Assets $

1,975 $ 1,468 4,091 4,467 6,894 3,403 20,748 17,671 45,772 44,316 79,480 $ 71,325

Statement of ActivitIES revenues

Gifts and Contributions $ 3,913 $ 10,922

Contributed Services from University 2,457 2,470

Return on Investments 7,246 (14,287) All Other Revenue 1,159 (1,768)

Total Revenues $ 14,775 $ (2,663) expenses

Scholarships and University Support $

Management and Administrative

Fund-raising

Write-off of Uncollectible Pledges

Total Expenses $

3,594 $ 9,017 779 825 2,225 2,442 152 102 6,750 $ 12,386

Revenues Exceed Expenses by:

8,025

$

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$ (15,049)

ECU Medical & Health Sciences Foundation “In these economic times, private support is needed more than ever to ensure that we are able to meet the growing demand for highly skilled health-care professionals and continue the innovative research and groundbreaking studies being done every day.”

—Thomas L. Edwards Sr.

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ECU MEDICAL & HEALTH SCIENCES FOUNDATION

F

Wealth Support

A

of

For East Carolina University, health care is not just about treating patients. For ECU, health care is also about providing impeccable patient care, training talented health-care professionals, conducting innovative research, providing economic development, discovering groundbreaking cures to diseases, and improving the quality of life for eastern North Carolina and beyond. The ECU Medical & Health Sciences Foundation is working hard every day to ensure that ECU’s Division of Health Sciences, including the College of Nursing, Brody School of Medicine, College of Allied Health Sciences, William E. Laupus Health Sciences Library, East Carolina Heart Institute, School of Dental Medicine, East Carolina Diabetes and Obesity Institute, and the Leo Jenkins Cancer Center have the resources they need to enhance education, teaching, research, and service.

In the 2009–2010 fiscal year, the ECU Medical & Health Sciences Foundation raised $6 million, a 70-percent increase over 2008– 2009. We are incredibly grateful for your support, because of the tangible difference that these contributions make in the lives of your friends, family, and neighbors near and far. This annual report features two stories of donors to the ECU Medical & Health Sciences Foundation. One tells of the generosity of a faculty member to benefit the Brody School of Medicine and Leo Jenkins Cancer Center.

The other tells of a milestone gift to name the building that will house the university’s new School of Dental Medicine. Like every contribution to the ECU Medical & Health Sciences Foundation, these two gifts will have a direct and lasting impact on ECU and its students, faculty, and staff. As importantly, they also will have an immeasurable impact on the lives of real people. These stories are but two examples of the thousands of gifts to the ECU Medical & Health Sciences Foundation every year. It is our hope that you see yourself in the spirit and commitment of these contributions.

Your support of the ECU Medical & Health Sciences Foundation makes it all possible. In these economic times, private support is needed more than ever to ensure that we can meet the growing demand for highly skilled health-care professionals and continue the innovative research and groundbreaking studies being done every day. We appreciate your support and look forward to even greater things in the future.

Thank you for your contribution.

Thomas L. Edwards Sr.

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Members of the ECU Medical & Health Sciences Foundation Board of Directors are shown above. Front row (L–R): Phyllis N. Horns, Barbara W. Bremer, Richard Brown, Michael B. Dowdy, Carole L. Novick, Shelby S. Strother, Dorothy A. Spencer, Thomas L. Edwards, Sr., Gale B. Adcock, Thomas L. Southern. 2nd row (L–R): Yonnie Butler, Joseph L. Tart, Jonathan R. Day, Sylvia T. Brown, Mayo Boddie, Jr., Lynn L. Lane, Vincent Robert Jones, James R. Hupp, H. L. Stephenson III. 3rd row (L–R): James W. Chesnutt, Robert L. Jones, Stephen W. Thomas, Paul R. G. Cunningham, Gabriel Cipau, Alice H. Bost, Zane G. Buckman, John P. Holt, Jr.

ECU Medical & Health Sciences Foundation The East Carolina University Medical & Health Sciences Foundation Inc. is a 501(c)(3) organization whose purpose is to seek and acquire charitable gift support from individuals, businesses, organizations, corporations, and foundations to support ECU’s Division of Health Sciences, including the College of Nursing, Brody School of Medicine, College of Allied Health Sciences, William E. Laupus Health Sciences Library, East Carolina Heart Institute, School of Dental Medicine, East Carolina Diabetes and Obesity Institute and the Leo Jenkins Cancer Center. As the division’s official charity, funds received and managed by the Medical & Health Sciences Foundation are designed to enhance education, teaching, research, and service within the Health Sciences Division at East Carolina University.

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ECU MEDICAL & HEALTH SCIENCES FOUNDATION

OFFICERS Chair Thomas L. Edwards Sr. President, Carolina Ice Company Inc. Kinston, NC

Secretary Stacy C. Brody Community Volunteer Greenville, NC

Vice Chair James W. Chesnutt President/CEO, National Spinning Co. Washington, NC

Treasurer Gary R. Vanderpool Executive Associate Vice Chancellor for Health Sciences Administration and Finance, Brody School of Medicine East Carolina University Greenville, NC

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ECU MEDICAL & HEALTH SCIENCES FOUNDATION

BOARD OF DIRECTORS Gale B. Adcock Director, SAS Corporate Health Services Cary, NC Steve Ballard, PhD Chancellor, East Carolina University Greenville, NC Mayo Boddie Jr. President, Texas Steakhouse Rocky Mount, NC Alice H. Bost Community Volunteer Greenville, NC Barbara W. Bremer Speech Pathologist, retired Greenville, NC Hazel J. Brown, DDS H. J. Brown & Associates, DDS, PA Greenville, NC Richard Brown Former (retired) Vice Chancellor for Admin and Finance Emerald Isle, NC Sylvia T. Brown, EdD Dean, College of Nursing East Carolina University Greenville, NC Zane G. Buckman Real Estate Developer, Inner Banks Development, LLC Washington, NC Yonnie Butler Business Development Director North Carolina Biotechnology Center Research Triangle Park, NC Gabriel (Gabe) Cipau, PhD President, Key Partners Inc. Raleigh, NC Paul R. G. Cunningham, MD, FACS Dean, Brody School of Medicine East Carolina University Greenville, NC Jonathan R. Day President, Jon Day & Associates Inc. Greenville, NC Benjamin L. Dixon Jr. Owner, Chick-fil-A Winterville, NC

Michael B. Dowdy Vice Chancellor for University Advancement East Carolina University Greenville, NC John P. Holt Jr., MD Partner, Triangle Gastroenterology Wake Forest, NC Phyllis N. Horns, RN, DSN, FAAN Vice Chancellor for Health Sciences East Carolina University Greenville, NC Brenda Humienny Financial Planner, retired New Bern, NC James R. Hupp, DMD, MD, JD, MBA Dean, School of Dental Medicine East Carolina University Greenville, NC Robert (Roddy) L. Jones Developer, Davidson & Jones Group Raleigh, NC Vincent Robert (Rob) Jones CEO, the little bank Greenville, NC Lynn L. Lane Former (retired) Sr. VP and Treasurer, R.J. Reynolds Chocowinity, NC Jasper L. Lewis Jr., DDS Eastern Orthodontists and Pediatric Dentistry Greenville, NC Dr. J. Gregory Nelson Rocky Mount Orthopaedics Center Rocky Mount, NC Carole L. Novick Associate Vice Chancellor and President ECU Medical & Health Sciences Foundation East Carolina University Greenville, NC Kevin R. Seitz Vice Chancellor for Administration and Financial Services East Carolina University Greenville, NC

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Thomas L. Southern Mass Mutual Financial Group New Bern, NC Dorothy A. Spencer, PhD Director, William E. Laupus Health Sciences Library East Carolina University Greenville, NC H. L. (Steve) Stephenson III, JD Attorney, Ward & Smith, P.A. Winterville, NC Shelby S. Strother Educator (retired) Edenton, NC Joseph L. Tart Attorney, Joseph Tart Attorney Dunn, NC Stephen W. Thomas, EdD Dean, College of Allied Health Sciences East Carolina University Greenville, NC David J. Whichard II Former (retired) Publisher, Daily Reflector Grimesland, NC

Dr. Ledyard Ross pledged $4 million to support ECU’s new School of Dental Medicine. The new building housing the school was named Ledyard E. Ross Hall in recognition of his significant contribution to the school.

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ECU MEDICAL & HEALTH SCIENCES FOUNDATION

Generosity Creates Smiles Dr. Ledyard Ross

contributes to ECU’s new School of Dental Medicine

For decades, the name of Dr. Ledyard Ross was associated with beautiful smiles and straightened teeth. As an orthodontist for generations of children and adults, Ross used the latest techniques to provide services to thousands of people in eastern North Carolina. Now, his generosity will help provide vital dental services across the state to people that may not have had access to a dentist before.

“The dental clinic was in a tent,” he said. “I watched him and thought I would like dentistry.”

Ross, who attended then-East Carolina College after leaving the US Marine Corps in 1946, made one of the largest gifts in ECU’s history, pledging $4 million to support the new School of Dental Medicine’s academic interests, including student scholarships and faculty research. In recognition of his contribution, the ECU Board of Trustees voted to name the new building housing the school after Ross. When finished, the 100,000-square-foot Ledyard E. Ross Hall will be the center for training students to help fulfill the school’s mission of providing primary dental care to the people of North Carolina, including rural and underserved areas.

That same year, Ross took over the practice of Ayden dentist Dr. Wes Gooding, who had been called into action during the Korean War. On Ross’s first day at Dr. Gooding’s practice, he saw 16 patients.

After leaving the Marines, Ross briefly attended Hardbarger Business College before enrolling at East Carolina College. He graduated from Northwestern University Dental School with a Doctor of Dental Surgery in 1953.

“I’m just fortunate I was able to help East Carolina. When the good Lord lets you be successful, you should help people.”

“I had more money than I need to live on, and if East Carolina hadn’t been here, I doubt very seriously I would have been able to go to school,” Ross said. “I’m just fortunate I was able to help East Carolina. When the good Lord lets you be successful, you should help people.”

And help, he has. Not only has he provided orthodontic services to generations of eastern North Carolinians, but his gift will also help train dentists that will serve across the state.

“Dr. Ledyard Ross’s extremely generous gift will help us in three ways: It will help us attract the best faculty since, as Dr. Ross has said, without a strong faculty you cannot give students an excellent education; second, his gift will let us provide needed financial assistance to good students coming from economically disadvantaged backgrounds who might otherwise not be able to become dentists; and third, his major contribution will help impress upon our students of the importance of giving back to society, a personal value we plan to stress throughout their time at ECU,” said Dr. James Hupp, dean of the School of Dental Medicine.

— LEDYA R D RO S S

“When I was in dental school, I would take one in the morning and one in the afternoon and I had three assistants. It was the longest day of my life.”

But while practicing in Ayden, Ross had an opportunity to see how many people in rural Pitt County desperately needed dental services.

“Then you couldn’t really do good, fine dentistry because so many people had lost teeth,” Ross said. “It was just a mess. I made dentures for a 12-year-old child.”

After Dr. Gooding returned from Korea, Ross went on to earn a Master of Science degree in orthodontics from UNC-Chapel Hill in 1959, and practiced until 1991, when his son, Dennis, took over his practice.

“If I had to do it again, I would do it the same way. I enjoy what I did. I enjoy dentistry, and when you enjoy something it’s not like real work.”

And because of his generosity, Ross’s legacy will live on in the healthy smiles and straight teeth of many future generations of North Carolinians.

After graduating from high school, Ross served in the US Marine Corps First Marine Division and was stationed in Okinawa; China; the Solomon Islands; Camp Pendleton, California; and Paris Island, South Carolina. While in the service, he had the opportunity to observe a dentist, and his path was set.

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Dr. Paul and Mrs. Kathryn Walker made the largest gift ever by a member of the faculty in 2010.

Their contribution will support the Leo Jenkins Cancer Center and established the Paul R. and Kathryn M. Hettinger Walker Distinquished Professorship of Clinical Oncology in Brody School of Medicine. Their gift will also provide vital support for cancer research and care in eastern North Carolina and beyond.

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ECU MEDICAL & HEALTH SCIENCES FOUNDATION

Couple Invests in Hope

Dr. Paul and Kathryn Walker make historic

contribution to cancer research care because it attracts more and more people that are committed to staying here and doing things.”

More than 19,000 residents of North Carolina will die from cancer in 2010, according to estimates by the American Cancer Society. Dr. Paul and Kathryn Walker hope they can help to change that.

With their historic gift to the ECU Medical & Health Sciences Foundation, Dr. and Mrs. Walker have made a clear commitment to East Carolina University.

Their gift will benefit the Brody School of Medicine’s Leo Jenkins Cancer Center and support the groundbreaking cancer research conducted there, while setting the bar high for those that follow in their footsteps.

Dr. Walker, associate professor at the Brody School of Medicine, director of the thoracic oncology clinic, and director of the hematology oncology fellowship at the Leo Jenkins Cancer Center, and his wife, Kathryn, contributed $500,000 to fund the Paul R. and Kathryn M. Hettinger Walker Distinguished Professor of Clinical Oncology.

Their contribution will also establish a fund to provide seed grants to jump-start promising cancer research, enabling scientists to collect data and apply for larger grants.

Working in a multidisciplinary team, medical oncologist Dr. Walker, two surgeons, two radiation oncologists, and an interventional pulmonologist meet every Thursday for a case conference where they spend two hours discussing the patients they will see that afternoon. Dr. Walker believes this approach has improved the level of care that patients receive, because of the exchange of ideas the conferences allow.

“You can truly improve people’s lives.

What more can you ask for out of your money? You can have a bigger house or a new boat or all kinds of toys with your money, but putting your money here, it really goes on forever. It makes a big impact now and tomorrow.”

“As the largest gift to ECU by a faculty member, this contribution shows tremendous dedication and commitment to Brody School of Medicine and the Leo Jenkins Cancer Center,” said Carole Novick, ECU Medical & Health Sciences Foundation president and associate vice chancellor for health sciences development and alumni affairs. “It sets an incredible precedent for future gifts and it shows how deeply Dr. and Mrs. Walker believe in the work being done here. Their contribution will be invaluable in allowing doctors and researchers at ECU to continue and enhance their innovative cancer research. We are truly grateful for the Walkers’ vision for the future of cancer care in eastern North Carolina.”

— K athryn Walker

“The biggest detriment to advancing the treatment of cancer is that what we think determines what we do. If you keep thinking the same thing, you keep doing the same thing,” he said. “And in the multidisciplinary clinic where you get everybody’s input, the surgeon can tell me things that I did not grasp, the radiation oncologists can offer their views, and I can tell them things about chemotherapy and tumor biology that they might not have thought of. When you put all these things together, then you start thinking different. And because you start thinking different, you start innovating.”

That, according to the Walkers, makes all the difference in the lives and treatment of cancer patients in eastern North Carolina.

“No question,” said Dr. Walker, “the Leo Jenkins Cancer Center provides the best cancer care east of I-95.”

“Giving your money here is where it can really have an impact and where it truly matters,” Mrs. Walker said. “You can truly improve people’s lives. What more can you ask for out of your money? You can have a bigger house or a new boat or all kinds of toys with your money, but putting your money here, it really goes on forever. It makes a big impact now and tomorrow.”

The strength of the Walker’s commitment to advancing cancer care and research in eastern North Carolina is evident. They hope that their commitment will not only spur similar contributions, but that it will also have a lasting impact on research and innovation at ECU.

For more information about how you can support the Leo Jenkins Cancer Center, contact Carole Novick at 252-744-2238 or novickc@ecu.edu or Greg Prince at 252-744-6265 or princet@ecu.edu.

“There’s not a better statement of what we believe in but the hopeful spurring of other people to do the same thing as they can,” said Dr. Walker. “Very honestly, the professorship was not our initial thinking, it was purely research monies, but understanding what a distinguished professorship and endowment does to the standing of the school, it is very long-term. It also enhances patient

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ECU MEDICAL & HEALTH SCIENCES FOUNDATION

ECU MEDICAL & HEALTH SCIENCES FOUNDATION

Advancement Staff

Carole L. Novick President ECU Medical & Health Sciences Foundation 252-744-2238 novickc@ecu.edu

Cynthia Adams Director of Development Laupus Library 252-328-9577 adamscy@ecu.edu

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Karen Cobb Director of Annual Giving and Alumni and Parent Relations Brody School of Medicine 252-744-3231 cobbk@ecu.edu

ECU MEDICAL & HEALTH SCIENCES FOUNDATION

Mark W. Alexander Director of Development College of Nursing 252-744-2324 alexanderma@ecu.edu

Patrice M. Frede Director of Development College of Allied Health Sciences 252-744-3523 fredep@ecu.edu

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T. Greg Prince Director of Development Health Sciences Division and Brody School of Medicine 252-744-6265 princet@ecu.edu

ECU MEDICAL & HEALTH SCIENCES FOUNDATION

ECU MEDICAL & HEALTH SCIENCES FOUNDATION INC.

Financial Information Consolidated Financial Report The accounting firm of Clifton Gunderson LLP, Certified Public Accountants, has completed the annual audit of the books and records of the ECU Medical & Health Sciences Foundation Inc. for the fiscal year ended June 30, 2010. The ECU Medical & Health Sciences Foundation Inc. received an unqualified opinion from the auditors. A full copy of the audited financial report, which includes the auditor’s opinion letter, is available for review on the foundation’s Web site, www.ecu.edu/mhsfoundation.

For your convenience, the following summary financial statements of the Medical & Health Sciences Foundation Inc. are included on the next page:

Statements of Financial Position Statements of Activities

IRS Form 990 The ECU Medical & Health Sciences Foundation Inc. is a 501(c)(3) nonprofit organization and is required to file an IRS Form 990 each year. A copy of the latest Form 990 is available for review on the foundation’s Web site, www.ecu.edu/mhsfoundation.

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ECU MEDICAL & HEALTH SCIENCES FOUNDATION

ECU MEDICAL & HEALTH SCIENCES FOUNDATION INC. Summary Financial Statements Fiscal Years Ended June 30, 2010 and 2009 in Thousands of Dollars

Statement of financial position assets

Year Ended 6/30/2010

Year Ended 6/30/2009

Cash $ 683 $ 4,579 Other Current Assets 1,432 876 Investments 28,087 18,284 Capital Assets 84 86 Other Assets 2,498 2,217 Total Assets $ 32,784 $ 26,042

liabilities and net assets

Current Liabilities $

Long-term Liabilities

Unrestricted Net Assets

Temporarily Restricted Net Assets Permanently Restricted Net Assets

Total Liabilities and Net Assets $

204 $ 177 387 410 4,084 2,706 11,984 9,734 16,125 13,015 32,784 $ 26,042

Statement of ActivitIES revenues

Gifts and Contributions $

Contributed Services from University

Return on Investments

All Other Revenue

Total Revenues

6,045 $ 1,324 2,413 114 9,896

2,553 1,358 (5,680) 1,599 (170)

expenses

Scholarships and University Support

Management and Administrative

Fund-Raising

Write-off of Uncollectible Pledges

Total Expenses

1,817 706 635 - 3,158

3,831 689 854 146 5,520

Revenues Exceed Expenses by:

6,738

$

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$ (5,690)

ECU Educational Foundation “We can be proud of our accomplishments, but with all that has been achieved, we still have a tremendous journey yet to be completed.”

—Jerry Wilkins

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ECU EDUCATIONAL FOUNDATION

Abundance Pride An

of

A

As I reach a close on my term as executive president of the ECU Educational Foundation, better known to many as the Pirate Club, I have to reflect with amazement on the power of our dedicated Pirate Club members whom have come together to continue to raise more scholarship dollars this past year than the year before. The national economy continues to lack consistency and many “experts” are predicting many more months before we can truly breathe a collective sigh of relief. In spite of the economy, the Pirate Club brought in more than $10 million dollars and of that, turned over $4.1 million dollars in scholarship support. I believe it is truly a testimony of a lot of hard work and passion from everyone who wants to see East Carolina University’s athletic programs and its student-athletes grow and compete at the highest levels.

I wanted my two years as president of the Pirate Club to be not only one of growth but of building a stronger foundation behind the scenes to ensure that the future of our Pirate Club gets stronger. In working with the athletic administration and many of our dedicated Pirate Club board members, we have put together a strong long-range plan to guide the Pirate Club board and staff toward high but achievable goals for the Pirate Club. Also, I am encouraging an even stronger relationship with our university’s financial services division to ensure every dollar raised is spent wisely and all our financial practices are in compliance with the IRS. And finally, the executive board of the Pirate Club amended our mission statement to include the words “honesty and integrity.” I want everyone to know that the staff, board members, and volunteers will do our jobs the right way and with conviction.

We can be proud of our accomplishments, but with all that has been achieved, we still have a tremendous journey yet to be completed.

In last year’s letter, I made it a bold point that we all have to take responsibility to grow the base of the Pirate Club membership. I will continue to challenge our board, volunteers, staff, and all Pirate Club members to recruit a new member to our Pirate Club. Thank you for making a difference to OUR university. GO PIRATES.

Sincerely,

Jerry Wilkins Executive President ECU Educational Foundation

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Members of the ECU Educational Foundation Board of Directors are shown above. Back row (L–R): Rhett Raynor, Don Edwards, J. Tom Mathews, Dr. Emmett Floyd, Phil Waugh, Edwin Clark, Terry Holland, Howard Swain, Gary Warren, Doug Gomes, Walt Hinson, Jim Post.

Front row (L–R): Clara Darden, Grant Jarman (Immediate Past President), Jimmy Creech (Vice-President), Jerry Wilkins (President), Walter Williams (Director Emeritus), Mark Wharton, Henry Williamson, David Bond.

ECU Educational Foundation The mission of the East Carolina University Educational Foundation Inc., d/b/a the Pirate Club, is to be the friend-raising and fund-raising arm of East Carolina University’s Division I athletics program, representing the highest principles of honesty and integrity. By conducting annual fund, endowment, and capital campaigns in support of student-athlete scholarships, athletic facility enhancements, and other programmatic needs, the Pirate Club seeks to bring positive recognition to East Carolina University and the region it serves through a competitive athletics program.

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ECU EDUCATIONAL FOUNDATION

EXECUTIVE COMMITTEE Executive President Jerry L. Wilkins Wilmington, NC

Executive Vice President Jim Creech Greenville, NC

IMMEDIATE PAST President Grant Jarman Jarman Auto Sales Greenville, NC

David A. Bond Retired Raleigh, NC

J. Tommy “Tom” Mathews Owner, HRST Finance Inc. Portsmouth, VA

Gary Warren Financial Advisor, Scarboro and Warren High Point, NC

Don Edwards University Book Exchange Greenville, NC

Howard Swain Retired Raleigh, NC

2008–2010 BOARD OF DIRECTORS

2009–2011 BOARD OF DIRECTORS Douglas L. Gomes Grady White Boats Greenville, NC

Harvey Lewis E. R. Lewis Construction Co. Inc. Greenville, NC

Emmett Floyd, PhD Professor, East Carolina University Greenville, NC

Rhett A. Raynor DTH Contractor Service Inc. Dunn, NC

Henry Williamson Retired Advance, NC

2010–2012 BOARD OF DIRECTORS Edwin L. Clark Executive Vice President, Trade-Wilco-Hess Greenville, NC Clara Darden Co-owner, Appraisers.com Ahoskie, NC

Tyre H. Moore Vice President, Synovus Trust Co. Charleston, SC Jim Post Vice President, Clayton Constructors Inc. Emerald Isle, NC

EX-OFFICIO ECU Chancellor Steve Ballard, PhD Greenville, NC

Director of Athletics Terry Holland Greenville, NC

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Philip Waugh Partner, Tradestreet Capital Partners Winston-Salem, NC

ECU EDUCATIONAL FOUNDATION

OTHER Executive Treasurer Kevin Seitz Vice Chancellor for Administration & Finance East Carolina University Greenville, NC Faculty Athletics Representative David A. Dosser Jr., PhD College of Human Ecology East Carolina University Greenville, NC

Financial Director Sherrilyn R. Johnson Special Fund Accounting East Carolina University Greenville, NC Director Emeritus Walter L. Williams Vice President, Trade-Wilco-Hess Greenville, NC

COUNSEL Walter Hinson Senior Partner, Hinson & Rhyne, PA Wilson, NC

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Executive Director Mark T. Wharton Pirate Club Greenville, NC

Henry WIlliamson (left) and Walter Williams are long-time supporters of the ECU Educational Foundation.

As co-chairs of the Step Up to the Highest Level campaign, they helped raise $11 million of the campaign’s $15 million goal from 31 leadership gift donors. The campaign raised money for a long-needed practice facility for men’s and women’s basketball.

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ECU EDUCATIONAL FOUNDATION

Leaders Inspire Others

No Better Examples than Walter L. Williams

and Henry G. Williamson Jr. 1997 and 1998, and since 2003, as director emeritus of the foundation.

As the East Carolina University Educational Foundation organized its capital campaign during the university’s Second Century Campaign, serious consideration was given to the leadership for this critical initiative for Pirate Athletics. The initiative’s case for support was strong—a long-needed practice facility for men and women’s basketball—but the state of the economy was a cause for concern.

If this initiative was to succeed, it would be the result of the commitment and enthusiasm of its volunteer leadership. With this realization, two ECU alumni and long-time sustaining Pirate Club members, Walter L. Williams of Greenville and Henry G. Williamson Jr. of Advance, agreed to co-chair the Step Up to the Highest Level Campaign and to provide leadership to the campaign’s steering committee.

Through Walter and Henry’s leadership and efforts of campaign steering committee members, the Educational Foundation launched the leadership gift phase of the campaign in February 2010 to raise $11 million of the campaign’s $15 million goal from 31 leadership gift donors. At the close of the Educational Foundation’s fiscal year on June 30, 2010, $5.15 million of $5,519,575 in pledges to the campaign had been committed by 13 leadership gift donors. With that success, the Educational Foundation felt it could take the campaign public in fall 2010, well ahead of the planned spring 2011 public announcement.

Walter Williams and Henry Williamson are no strangers to the Pirate Nation.

In 1951, Walter received an undergraduate degree from ECU, followed by a graduate degree in 1955. After an early career in public education, then work with an oil company, Walter and his family founded Trade Oil Company in 1984. In 2005, Trade Oil Company merged its 102-convenience store operation into Trade-Wilco-Hess, where Walter has remained active as company vice president.

Walter and his wife, Marie ’53, have shared a passion for East Carolina and its athletics program. In 1993, his company contributed the Educational Foundation’s first $1 million gift to ECU’s Shared Visions Campaign. In addition to providing leadership gifts to the Educational Foundation’s subsequent campaigns, Walter co-chaired the foundation’s Kickoff to Victory and It’s a Whole New Ballgame campaigns. Agreeing to co-chair the Step Up to the Highest Level Campaign, Walter said, “I guess that I’m a glutton for punishment. But I believe that if you truly care, you have to share, and that includes your time and your finances.”

In recognition of his service and generosity to ECU, Walter received the East Carolina Alumni Association’s Distinguished Service Award in 1996 and the Council for Advancement and Support of Education District III’s Bill Franklin Volunteer of the Year Award in 2007. Walter also has served on the university’s Board of Trustees and as executive president of the Educational Foundation in

Walter and Marie have been recognized for their unparalleled support of Pirate Athletics through the Educational Foundation by the naming of Williams Arena at Minges Coliseum, the Williams Strength and Conditioning Center in the Murphy Center, and the Williams Jungle at Clark-LeClair Stadium. The two men’s basketball position endowments and the Spirit of the East student-athlete scholarship endowment they funded are named in their honor. When it comes to dedication to ECU athletics, the name Walter Williams always rises to the top.

Henry G. Williamson Jr. is also a successful alumnus who has provided volunteer service and generous support to his alma mater. A 1969 graduate of ECU, like Walter, Henry’s first job was in education. Henry returned to East Carolina and earned an MBA in 1972. Shortly thereafter, he joined BB&T and began a banking career that would span 32 years. Henry rose through the ranks of the organization and in 1989 was named chief operating officer of BB&T Corporation, a premiere regional bank holding company with more than $160 billion in total assets. In 2004, Henry retired from the bank so he could spend more time with his wife, Nancy, and their family, and pursue causes and passions he and Nancy hold dear.

Since 2004, Henry has enjoyed an active retirement. He serves on the boards of Hooker Furniture Company and Waterstone Foundation, an organization that encourages charitable giving. Also, he is also chairman of the Board of Directors of the North Carolina Family Policy Council and serves as a trustee of the Southeastern Baptist Theological Seminary.

Over the years, Henry has provided dedicated service to his alma mater as a past member of the university’s Board of Trustees and an executive committee member of the Educational Foundation. As avid Pirate fans and supporters, Henry and Nancy have been sustaining Pirate Club members for 25 years.

Agreeing to serve as co-chair of the Step Up to the Highest Level Campaign, Henry said, “Given the changing landscape of college athletics, Nancy and I are convinced that this is a critical moment for the Pirate Nation. The facilities currently under construction or expansion are crucial for ECU to fulfill its mission of being victorious in every facet of college athletics, but none more crucial that the construction of the proposed basketball practice facility.”

Success of any capital campaign is directly correlated to the campaign’s ability to not only clearly articulate its case for support but also to the quality of leadership provided by key volunteers involved in the effort. In selecting Walter L. Williams and Henry G. Williamson Jr. to co-chair the $15 million Step Up to the Highest Level Campaign, the Educational Foundation could not have selected better leadership.

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Pete and Lynn Murphy have invested significantly in Pirate athletics through the ECU Educational Foundation. They established a studentathlete scholarship endowment and have been sustaining scholarship-level donors to the Pirate Club’s annual fund for years. Their gift to the ECU Educational Foundation’s Kickoff to Victory Campaign is the largest gift the foundation has ever received.

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ECU EDUCATIONAL FOUNDATION

Values Cultivate Sharing ECU Alumnus Pete Murphy shares in success

Pete Murphy is one of those rare business executives who is equally comfortable in a board room wearing an expensive suit or wandering through a construction site wearing jeans, boots, and a hard hat. He is at home riding in a luxury automobile or straddled across a Harley-Davidson.

Born and raised in rural Duplin County, Pete has never lost the values he inherited from his late father, Holmes Murphy, one of Duplin County’s most successful and beloved benefactors. Since he was a teenager, Pete has been sensitive and dedicated to community needs, and he strongly believes that charity begins at home.

Born Harry Daniel Murphy, Pete admits that he was an average student who enjoyed playing sports in high school. After high school, he enrolled at then-East Carolina College, but left to join the family business before graduating. “Though I didn’t get my degree, East Carolina prepared me well for the business world,” he commented. “I appreciate what the university did for me.

I was an anxious rookie eagerly looking for the challenge ahead and couldn’t wait to get started.”

in Pete’s definition of play is his passion for college athletics and football in particular, and at the top of the teams he follows is his alma mater, ECU. Like many Pirates of his generation who were students at East Carolina when it received university status, Pete maintains a dream for his old school. “I don’t care what sport the Pirates are competing in; even if it is tiddlywinks, I want ECU to win,” he said. “We have made great progress in our athletics program over the years, but we still have a ways to go if we’re going to experience and enjoy success on the big stage in the future.”

“We have made great progress in our athletics program over the years, but we still have a ways to go if we’re going to experience and enjoy success on the big stage in the future.”

In 1969, Pete married his high school sweetheart, Lynn Chandler, who graduated from ECU in 1967 with a BS degree. Over the years, Pete and Lynn have been inseparable and have been each other’s best friend and ally.

From 1969 to 2000, Pete and his family built Murphy Family Farms into one of the country’s largest pork producers until they sold the company to Smithfield Foods. The sale of Murphy Family Farms allowed Pete to take on other duties, including the development of the highly successful River Landing, a 1,400-acre golf residential community just off Interstate 40 in Wallace, North Carolina, and the adjoining Mad Boar Restaurant and seventy-room Holiday Inn Express, which ranks as one of the top hotel operations in the chain. The three projects represent an investment by the Murphy Family of more than $60 million, with a build-out potential of $900 million.

— P ET E M U R P H Y

Pete and his wife have invested significantly in Pirate Athletics through the Educational Foundation. Their generous gift to the foundation’s Kickoff to Victory Campaign is the largest capital gift the foundation has ever received. In addition to this transforming gift, Pete and Lynn have established a studentathlete scholarship endowment and have been sustaining scholarship level donors to the Pirate Club’s annual fund for many years.

The Murphy Center in the west end zone area of Dowdy-Ficklen Stadium is named in their honor. In 2002, ECU recognized Pete Murphy with the EC Alumni Association’s Distinguished Service Award.

With all the success Pete Murphy has experienced in life, he has been generous to the community he grew up in, to East Carolina University in support of its athletics program, and to a number of charitable causes. Pete’s generosity goes back to his roots, his upbringing and advice his father once gave him.

“Dad always told me that you can’t give back to the community if you don’t have anything to give,” he recalls. “Never forgetting his advice, I have always tried to succeed so that I could offer my time, talent, and money where it is needed.”

River Landing has enjoyed great success since its inception in 1995. As of June 30, 2010, 1,353 of 1,750 available home sites had been sold, and more than 330 homes completed with values ranging from $200,000 to $1.1 million.

Throughout his career, Pete Murphy has had a simple philosophy, “I like to work hard and play hard,” he explained, “and be good at both.” Included

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ECU EDUCATIONAL FOUNDATION

East Carolina University Educational Foundation

Advancement Staff

Mark Wharton Executive Director ECU Educational Foundation 252-737-4540 whartonm@ecu.edu

Mark Hessert Senior Associate Director ECU Educational Foundation 252-737-4540 hessertm@ecu.edu

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Dennis Young Associate Athletics Director for Major Gifts ECU Educational Foundation 252-737-4540 youngd@ecu.edu

ECU EDUCATIONAL FOUNDATION

Matt Maloney Assistant Athletics Director for Major Gifts ECU Educational Foundation 252-737-4540 maloneyj@ecu.edu

Derek Denton Assistant Director ECU Educational Foundation 252-737-4547 dentond@ecu.edu

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ECU EDUCATIONAL FOUNDATION

East Carolina University Educational Foundation INC.

Financial Information Consolidated Financial Report The accounting firm of Clifton Gunderson LLP, Certified Public Accountants, has completed the annual audit of the books and records of the ECU Educational Foundation Inc. (the Pirate Club) for the fiscal year ended June 30, 2010. The Educational Foundation received an unqualified opinion from the auditors. A full copy of the audited financial report, which includes the auditor’s opinion letter, is available for review on the foundation’s Web site at www.ecupirateclub.com.

For your convenience, the following summary financial statements of the ECU Educational Foundation Inc. are included on the next page:

Statements of Financial Position Statements of Activities

IRS Form 990 The East Carolina University Educational Foundation Inc. is a 501(c) (3) nonprofit organization and is required to file an IRS Form 990 each year. A copy of the latest Form 990 is available for review on the foundation’s Web site at www.ecupirateclub.com.

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ECU EDUCATIONAL FOUNDATION

EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC. Summary Financial Statements Fiscal Years Ended June 30, 2010 and 2009 in Thousands of Dollars

Statement of financial position assets

Year Ended 6/30/2010

Year Ended 6/30/2009

Cash $ Other Current Assets Investments Other Assets Total Assets $

8,840 $ 8,471 3,953 4,091 8,023 6,518 4,022 1,274 24,838 $ 20,354

liabilities and net assets

Current Liabilities $

Long-term Liabilities

Unrestricted Net Assets

Temporarily Restricted Net Assets

Permanently Restricted Net Assets

Total Liabilities and Net Assets $

133 $ 850 2 3,440 2,658 13,172 9,116 8,091 7,730 24,838 $ 20,354

Statement of ActivitIES revenues

Gifts and Contributions $

Contributed Services from University

Return on Investments

All Other Revenue

Total Revenues $

11,617 $ 7,925 488 187 958 (1,311) 528 379 13,591 $ 7,180

expenses

Scholarships and University Support $

Management and Administrative

Fund-Raising

Write-off of Uncollectible Pledges

Total Expenses $

5,482 $ 5,786 1,987 1,903 433 550 490 352 8,392 $ 8,591

Revenues Exceed Expenses by:

5,199

$

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$ (1,411)

East Carolina Alumni Association “It is because of dedicated alumni and friends who give their time and financial support to East Carolina that this university is one of the finest, comprehensive institutions of higher learning in the Southeast.� —Ernest Logemann

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EAST CAROLINA ALUMNI ASSOCIATION

Demonstration Gratitude A

of

D

During my six years as a member of the East Carolina Alumni Association’s Board of Directors and past year as chair, I have continuously been amazed by the passion, pride, and spirit of our great university’s alumni and friends. No matter the level of involvement, East Carolina’s faithful constituents are far and above the greatest group of Pirates the world over.

No doubt the reason for this pride lies in the tremendous effect East Carolina has on students, eastern North Carolina, and our region.

East Carolina’s alumni are doing remarkable things in their careers. From elected officials and dedicated teachers to skilled surgeons and Hollywood actors, Pirates can be found in hundreds of professions—making a difference in the lives of others; living our motto To Serve. The university’s emphasis on service learning in its curriculum guarantees each generation of Pirates will continue to find ways to make their communities better. From renowned medical facilities to Broadway caliber performances, the services East Carolina provides for the citizens of eastern North Carolina are second to none, bringing a steady flow of visitors and revenue to the area.

Students, faculty, and staff who make Greenville their home support the local economy making the city a desirable destination for those who want to shop, dine, and experience culture.

The Alumni Association plays an integral role in fueling alumni pride. Events like Lunch and Learn and Networking Breakfasts provide venues for alumni and friends to reconnect and gain important career-related knowledge. Alumni Tailgate and regional football-viewing parties give Pirate fans a reason to get excited about ECU Athletics. Homecoming is the perfect opportunity to recognize alumni achievement at the annual Alumni Awards Ceremony and Dinner, to reconnect with former classmates during the Alumni Center open house prior to the Homecoming parade, and to renew good feelings about East Carolina. EC Alumni magazine and A Pirate’s Life for Me! radio program communicate the accomplishments of our university’s alumni and help spread Pirate Pride. The Pirate’s Bounty Scholarship Auction, ECU Alumni Scholarship Classic, and Pirate Alumni Road Race and Fun Run support the Alumni Association’s generous scholarship program, which continues to reward ECU’s talented students.

It is because of dedicated alumni and friends who give their time and financial support to East Carolina that this university is one of the finest, comprehensive institutions of higher learning in the Southeast. I applaud your efforts and am proud to call you a fellow Pirate!

With Pirate Pride,

Ernest Logemann ’68 Chair, 2009–2010 East Carolina Alumni Association

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Front row (L-R): Charlie Martin, Steve Morrisette, Yvonne Pearce, Pat Lane, Brenda Myrick, Marian McLawhorn, Garry Dudley, Linda Tripp, Ernest Logemann, Mickey Dowdy, Bill Clark, Justin Conrad, and Bill Burnette. Back row (L-R): Doug Morgan, Tarrick Cox, SGA Representative Brad Teasley, Dave Englert, Rick Conaway, Carl Davis, Paul J. Clifford, and Harry Stubbs. Not pictured: Diane Davis Ashe, Sabrina Bengel, Virgil Clark, Adrian Cullin, Michael McShane, Jim Newman, Lori Brantley, and Joanie Tolley.

East Carolina Alumni Association The East Carolina Alumni Association is the constituency of former students whose continuing interest and support have helped ECU become known as one of the finest comprehensive universities in the South. The Alumni Association will inform, involve, and serve members of the ECU family throughout their lifelong relationship with the university.

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EAST CAROLINA ALUMNI ASSOCIATION

EXECUTIVE COMMITTEE CHAIR Ernest Logemann ’68 CPA and Partner, Gray Callison & Co., PA Winston-Salem, NC

SECRETARY Yvonne Pearce ’82 Social Worker, Walter B. Jones Treatment Center Greenville, NC

VICE CHAIR Carl Davis ’73 Assistant General Manager, UNC-TV Raleigh, NC

IMMEDIATE PAST CHAIR Sabrina Bengel First Ward Alderman, entrepreneur, co-owner of the Birthplace of Pepsi New Bern, NC

TREASURER Justin Conrad ’96 President, Libby Hill Seafood Restaurants Greensboro, NC

PRESIDENT AND CEO Paul J. Clifford Associate Vice Chancellor for Alumni Relations, EC Alumni Association Greenville, NC

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EAST CAROLINA ALUMNI ASSOCIATION

BOARD OF DIRECTORS Diane Davis Ashe ’83, ’85 Professor of Psychology, Valencia Community College Celebration, FL

Marian McLawhorn ’67, ’88, ’97 NC House of Representatives, 9th District Grifton, NC

William “Bill” Burnette Jr. ’96 President and CEO, Portable Storage of North Carolina Virginia Beach, VA

Michael McShane ’66 Congressional Liaison Officer, United States Agency for Internal Development Alexandria, VA

Virgil Clark ’50 (Emeritus) Retired Greenville, NC Rick Conaway ’68 Retired Chesapeake, VA Tarrick Cox ’96, ’07 Senior Associate Director, Office of Admissions, East Carolina University Greenville, NC Adrian Cullin ’04 Administration Manager, Wells Fargo Charlotte, NC Garry Dudley ’92 Senior Pharmaceutical Sales Rep., Schering-Plough Corp.

Chesterfield, VA Dave Englert ’75 Vice President Finance, Southern Tile Distributors Inc. Norfolk, VA Lewis “Pat” Lane ’67 Founder, The Lane Collection Inc. Chocowinity, NC Charles “Charlie” Martin Jr. ’69 Marketing Director, Mid-Atlantic Auto Recyclers Greenville, NC

Douglas Morgan ’88 Assistant Special Agent, US Department of the Treasury South Riding, VA Steve Morrisette ’69 President, Virginia Healthcare Association Richmond, VA Brenda Myrick ’92 Administrator of Operative Services, Pitt County Memorial Hospital Greenville, NC James “Jim” Newman Jr. ’68, ’74 CFO/Controller of the NC Department of Insurance Raleigh, NC Lori Brantley Stockdale ’02 Claims Specialist, Catastrophe Property Adjuster Austin, TX Harry Stubbs ’74, ’77 Program Manager, FDIC Arlington, VA Joanie Tolley ’65 Retired Elon, NC Linda Lynn Tripp ’80, ’81 President, Carolina Court Reporters Greenville, NC

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Wright Awards Recipients L-R: Nina Rose, Jason Morton, Kyle Bowen, Brooke Barton, and Landon Allen celebrate at ECU’s spring 2010 commencement.

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EAST CAROLINA ALUMNI ASSOCIATION

Awards Honor Standouts

East Carolina Alumni Association honors achievements

Robert H. Wright Alumni Leadership Award The East Carolina Alumni Association proudly recognizes excellence in the university’s students through the Robert H. Wright Alumni Leadership Award.

This award is the most prestigious presented during spring commencement exercises and recognizes academic achievement at East Carolina, service (both to the university and the community), and leadership qualities (both potential and exhibited). Recipients should exemplify those special characteristics that would cause him or her to be recognized as one who will make a positive difference in his or her profession and community. In addition to other accomplishments, the recipient should have an overall academic average of at least 3.5 through the first semester of the graduation year. East Carolina faculty and staff nominate students for this coveted award.

and arduous work. Each year the Alumni Association awards the Robert L. Jones Award for Teaching Excellence and the University Alumni Award for Outstanding Teaching.

Faculty members are nominated by their peers, and recipients are selected through the Academic Awards Committee of the Faculty Senate. Each academic unit is invited to nominate candidates based on Faculty Senate Resolution #91­ –29 “Seven Characteristics for Effective Teaching.” Those characteristics are: • Good organization of subject matter and course • Effective communication • Knowledge of and enthusiasm for the subject matter and teaching • Positive attitudes toward students • Fairness in examinations and grading • Flexibility in approaches to teaching • Appropriate student learning outcomes

The 2010 Robert H. Wright Alumni Leadership Award recipients were: • Daniel Landon Allen ’10, a biology and chemistry major with a minor in business administration from Wake Forest, North Carolina, who is currently enrolled in ECU’s College of Business for graduate school and will enter the Brody School of Medicine in 2011

In 2010, 23 faculty members were nominated for either the Robert L. Jones Award for Teaching Excellence and/or the University Alumni Award for Outstanding Teaching. Of the 23 candidates, three recipients were selected.

• Brooke Jacinda Barton ’10, a health-services management major with a minor in business from Lake Toxaway, North Carolina, who is currently enrolled in ECU’s College of Business for graduate school

Robert L. Jones Award for Teaching Excellence

• Kyle Shane Bowen ’10, an industrial distribution major with a concentration in logistics and a minor in business from Chesapeake, Virginia, who is currently serving in the US Army as a quartermaster, second lieutenant

Dr. Michael Harris, Department of Management, College of Business Dr. Harris is director of ECU’s Small Business Institute, and his research interests include small business management, entrepreneurship, and distance education.

University Alumni Award for Outstanding Teaching

• Jason Lewis Morton ’10, a music education major from Jacksonville, North Carolina, who is currently teaching music education in the North Carolina public school system

Dr. Kindal Shores, Department of Recreation and Leisure Studies, College of Health and Human Performance Dr. Shores’ research interests include health outcomes in public leisure settings, the role of community park and recreation agencies in resident well being, and social psychology of leisure for diverse populations.

• Nina Fay Rose ’10, a public relations and journalism major from Charlotte, North Carolina, who is currently attending graduate school at the College of Charleston

Ms. Wendy Whisner, Department of Recreation and Leisure Studies, College of Health and Human Performance Whisner’s professional interests include recreational therapy interventions for substance abuse treatment, perceived stigma regarding individuals with mental illness and addiction, and women’s pursuit of outdoor recreation.

Since 1984, 92 graduates have been named Robert H. Wright Alumni Leadership Award recipients. The award’s namesake is East Carolina Teachers Training School’s first president Robert H. Wright who served the university until 1934.

Faculty Awards As part of the East Carolina Alumni Association’s ongoing effort to advance the university, recognizing excellence in teaching is one of many ways the Alumni Association rewards East Carolina faculty for their dedication, commitment,

The Alumni Association has been rewarding faculty excellence through awards since 1971. In that time, 86 faculty members have been recognized for their dedication to teaching East Carolina students.

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Carol and Garry Keech are members of the growing legion of the East Carolina Alumni Association’s Centennial Pirates. This unique joint membership level provides funding necessary to secure the Alumni Association in perpetuity and for annual student scholarships.

Centennial Pirate membership is open to only 100 members.

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EAST CAROLINA ALUMNI ASSOCIATION

Gifts Contribute to Future

EC Alumni Association members support student scholarships

Students are at the heart of every college or university; without one, the other would not exist. This is certainly true at East Carolina University. As part of its mission to inform, involve, and serve, the East Carolina Alumni Association is proud to support ECU students through organizations such as the ECU Ambassadors and Magnolia Belles, the student Forever Pirates program, offering work-study opportunities, and especially through the Alumni Scholarship program.

Kristen ’89 and Robert ’73 Greczyn

Membership in the Alumni Association supports the Alumni Scholarship program, especially at the Centennial Pirate level. This unique joint membership is for those who wish to support the Alumni Association at the endowment level, providing necessary funding to secure the Alumni Association’s future in perpetuity and generate dollars for annual student scholarships. Centennial Pirates receive recognition on the Centennial Pirate Wall in the Taylor-Slaughter Alumni Center; complimentary lifetime entrance into all Alumni Tailgates; special recognition at various alumni events; commemorative Centennial Pirate items; and other benefits, the most significant being the pride in knowing your membership makes a difference for ECU.

Terry ’92 and Steven ’91 Jones

Created during the university’s Centennial celebration period, Centennial Pirate membership is open to only 100 members. Currently, 41 Centennial Pirate memberships have been designated. These members include the following.

Betty Lou and Robert ’62 Hill Vicky and R. Samuel ’65, ’66 Hunt Rosamond ’73 and Joseph ’72 Jenkins Tapley “Tap” Johnson ’83

Carol ’78 and Garry ’77 Keech Karen and Larry ’77 Keech Cynthia ’75, ’78 and Bryant Kittrell Lynn and Lewis “Pat” ’67 Lane Doris and William ’72 Langley Janice and Tommy ’89 Lewis II Carrie and Thad “TJ” ’93 Lewis III Martha and Ernest ’68 Logemann Connie ’62 and James ’65 Maynard

Michael Aho ’02 and Joe Esparza

Linda ’70 and Stephen ’69 Morrisette

Sabrina and Steven ’79 Bengel

Angela ’97, ’98 and Ronald ’97, ’98 Moss Jr.

Linda and Paul ’78, ’80 Bolin

Brenda Myrick ’92

Michelle and William “Bill” ’96 Burnette Jr.

Melissa and Willard “Frankie” ’75 Page Jr.

Gail ’71 and Lemuel “LB” ’73 Clayton

Jewelle ’56 and Charles ’08 Rogers

Andria and Justin ’96 Conrad

Shirley Slaughter ’52

Debra and John ’80 Cox

Robbie and Kenneth “Kenny” ’92 Strickland

Catherine and Stephen Creech

Harry Stubbs IV ’74, ’77

Connie ’76 and Alan Crouch

Laura ’88, ’91 and Robert ’89 Taylor

Kimberly and Michael ’91 Davis

Joanie ’65 and Jerry ’65, ’66 Tolley

Martha and Carl ’73 Davis Jr.

Linda ’80, ’81 and Randy Tripp

Dale ’82 Engelbert

Sandra ’99 and Samuel ’65 Wornom

Kurt Engelbert

In the last six years, the Alumni Association has awarded 112 scholarships totaling more than $130,000, thanks in part to Centennial Pirates. Annual scholarship events also benefit the Alumni Scholarship program. The Alumni Association would like to say “thank you” to its Centennial Pirates for their membership, dedication to ECU, and continued support.

Gail and David ’75 Englert Bonnie Taylor ’69, ’72 and James ’69 Galloway

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EAST CAROLINA ALUMNI ASSOCIATION

East Carolina Alumni Association

Alumni Staff

Paul J. Clifford President and CEO East Carolina Alumni Association 800-ECU-GRAD Paul.Clifford@PirateAlumni.com

Jennifer Watson Assistant Director for Alumni Communications East Carolina Alumni Association 252-328-4902 Jennifer.Watson@PirateAlumni.com

Douglas Smith ’00, ’07 Director of Alumni Communications and Membership East Carolina Alumni Association 252-328-1959 Doug.Smith@PirateAlumni.com

Tanya Kern Director of Alumni Programs East Carolina Alumni Association 252-328-1958 Tanya.Kern@PirateAlumni.com

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Chris Williams ’01 Assistant Director for Alumni Membership East Carolina Alumni Association 252-328-0610 Chris.Williams@PirateAlumni.com

EAST CAROLINA ALUMNI ASSOCIATION

Monique Best Accounting Technician East Carolina Alumni Association 252-328-1839 Monique.Best@PirateAlumni.com

Candi High ’97 Accountant East Carolina Alumni Association 252-328-0604 Candi.High@PirateAlumni.com

Betsy Rabon ’86 Alumni Center Coordinator East Carolina Alumni Association 252-328-6072 Betsy.Rabon@PirateAlumni.com

Stephanie Bunn Assistant Director for Alumni Programs East Carolina Alumni Association 252-328-5775 Stephanie.Bunn@PirateAlumni.com

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Emily Adkins ’08 Assistant Director for Alumni Programs East Carolina Alumni Association 252-328-5557 Emily.Adkins@PirateAlumni.com

EAST CAROLINA ALUMNI ASSOCIATION

East Carolina UNIVERSITY Alumni Association, INC.

Financial Information Consolidated Financial Report The accounting firm of Clifton Gunderson LLP, Certified Public Accountants, has completed the annual audit of the books and records of the East Carolina Alumni Association for the fiscal year ended June 30, 2010. The East Carolina Alumni Association, Inc. received an unqualified opinion from the auditors. A full copy of the audited financial report, which includes the auditor’s opinion letter, is available for review on the Alumni Association’s Web site at www.PirateAlumni.com.

For your convenience, the following summary financial statements of the East Carolina Alumni Association, Inc. are included on the next page:

Statements of Financial Position Statements of Activities

IRS Form 990 The East Carolina Alumni Association, Inc. is a 501(c)(3) nonprofit organization and is required to file an IRS Form 990 each year. A copy of the latest Form 990 is available for review on the Alumni Association’s Web site at www.PirateAlumni.com.

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EAST CAROLINA ALUMNI ASSOCIATION

EAST CAROLINA UNIVERSITY ALUMNI ASSOCIATION INC. Summary Financial Statements Fiscal Years Ended June 30, 2010 and 2009 in Thousands of Dollars

Statement of financial position

Year Ended 6/30/2010

Year Ended 6/30/2009

assets

Prepaid Expenses $

Receivables

Total Assets $

3 $ 3 1,605 1,238 1,608 $ $1,241

liabilities and net assets

Current Liabilities $

Long-term Liabilities

Unrestricted Net Assets

Temporarily Restricted Net Assets

Permanently Restricted Net Assets

Total Liabilities and Net Assets $

31 $ 23 223 162 753 539 210 153 391 364 1,608 $ 1,241

Statement of ActivitIES revenues

Gifts and Contributions $ 42 $ 96

Contributed Services from University 781 712

Return on Investments 164 (277) Memberships 296 295

All Other Revenue 375 304

Total Revenues $ 1,658 $ 1,130 expenses

Scholarships and University Support $

Management and Administrative

Total Expenses $ Revenues Exceed Expenses by:

$

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630 $ 611 729 655 1,359 $ 1,266 299

$

(136)

Order of the

Cupola

The Order of the Cupola, our most prestigious benefactor-recognition program, was established to honor major lifetime donors to East Carolina University. Its name is taken from the campus’s most historic landmark, the Old Austin Cupola. In 1996, a replica of the cupola was erected in the center of Main Campus as a symbol of the university’s commitment to its traditions and to future progress.

Individuals, businesses, and foundations that have made cumulative gifts of $100,000 or more to East Carolina are recognized in the Order of the Cupola. Recognition is based on combined gift totals of cash, securities, and real property to the ECU Foundation, the ECU Educational Foundation, and the ECU Medical & Health Sciences Foundation.

Platinum ($1 million or more) Gene Aman ’65 and Helen Aman Al Bagwell and Deborah B. Bagwell ’71 Harold H. Bate* BB&T Corporation Irwin Belk and Carol Grotnes Belk BlueCross BlueShield of North Carolina Foundation David Stephen Brody and Laura Camnitz Brody Hyman J. Brody and Stacy C. Brody Leo Brody* Morris Brody and Lorraine Brody Mrs. J. Samuel Brody William Hunter Clark ’66, ’68 and Gloria Clark ’67 Ronald Eugene Dowdy ’66 and Mary Ellen Dowdy ECUSOM Medical Faculty Archie R. Burnette* Eleanor Bass Howard* Verona Lee Joyner Langford* ’35 Charles A. Freeze* Hazel N. Freeze Golden Leaf Foundation Rose D. Harrison ’42 Charles Felix Harvey III and Margaret Blount Harvey Gordon Reece Howell Jr. ’64 and Irene Howell Dr. and Mrs. Matthew Heric/IAVO Research and Scientific James Haywood Maynard ’65 and Connie Mizelle Maynard ’62 Thomas McLean Frances Monk* Harry D. Murphy and Lynn Chandler Murphy ’67 Packer Engineering Inc. Pitt Memorial Hospital Foundation Ledyard E. Ross ’51 Eddie and Jo Allison Smith E. H. Taft Jr.* E. Hoover Taft III and Donna Taft Helen Taft* Kathy Arnold Taft* ’81 Senator Thomas F. Taft and Dr. Elizabeth D. Taft Hoover and Tom Taft Families The Brody Brothers’ Foundation The Brody Foundation The Country Doctor Museum Foundation, Inc. The Harold H. Bate Foundation Inc. The Wachovia Wells Fargo Foundation Trade-Wilco Company Wachovia Robert Allen Ward ’62 and Margaret C. Ward ’61, ’63, ’64 J. Fred Webb* Nell Webb Walter L. Williams ’51, ’55 and Marie S. Williams ’53 Stuart Wright

Gold ($750,000 to $999,999) Thomas D. Arthur ’71 Bill and Barbara Blount Elizabeth M. Britt Thomas W. Rivers* Glaxo Wellcome Inc.

IBM Robert T. Maynard ’58 and Virginia B. Maynard ’57 Jesse R. Peel The Woodall-Smart Partnership Samuel Joseph Wornom III ’65 and Sandra L. Wornom ’99

Silver ($500,000 to $749,999) Michael Ray Baynes ’73 Clarence B. Beasley* Julia Weskett Beasley Brewco Enterprises Inc. Robert Gentry Brinkley ’78 and Amy Woods Brinkley C. D. Spangler Jr. and Meredith Riggs Spangler Myles Cartrette and Jennifer J. Cartrette ’78 Hilton O. Chesson ’66 and Freda Showfety Chesson Robert William Cihak and Dianne Marie Cihak Dupont E. R. Lewis Construction Company Clifford Kiehn* Dorothy R. Brandon* Elizabeth F. Campbell* R. Janie Barber* ’30, ’38 Lora W. King* Virginia Herrin* James L. Hatcher and Alice V. Hatcher Tapley O. Johnson III ’83 Robert L. Jones ’58 and Eve Avery Jones Lola McClary Kelso* Lynn N. Kelso* Verneda Kiehn* Lewis Patrick Lane III ’67 and Lynn L. Lane Harvey Ray Lewis and Brenda Turner Lewis Dan Lynn Merrell ’75 North Carolina Association of Insurance Agents Northwest Durham Association PotashCorp - Aurora Stanton R. Prentiss Clemmie Dixon Spangler Jr. and Meredith Riggs Spangler The Fullerton Foundation Vince & Linda McMahon Family Foundation Inc. Paul Raymond Walker and Kathryn Hettinger Walker WNGA Family Limited Partnership

Bronze ($100,000 to $499,999) A. J. Fletcher Educational and Opera Foundation Abbott Laboratories Betty Sanders Abernathy* ’51, ’57 Karel B. Absolon, MD, PhD* Mary Bendix Absolon Ace Transport Ltd. Marcus Sailer Albernaz and Lisa Taylor Albernaz Alliance One International C. Michael Aman ’81, ’83 and Page S. Aman ’82, ’84 American Medical Association Education & Research Foundation Robert Amerson and Sue Amerson Eugene G. Anderson Apple Computer Inc.

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ARAMARK Corporation ARAMARK Southeast Region William Etheldred Askew and Rose Askew Jerry W. Atkins ’70 Aventis Pharmaceuticals Products Inc. Viola Smith Babcock* ’35, ’37 Garland Randy Bailey ’78 and Jillian K. Bailey ’91 Thomas Balon Bank of America Bank of America Foundation Tony Robertson Banks* ’72 Bobby Gerald Barbour and Terri White Barbour Francis M. Barnes* Ronnie Phillip Barnes ’75 Robert Kelly Barnhill Sr. and Mary Ann Barnhill Barnhill Contracting Company James W. Batten* Sara S. Batten* Thomas A. Bayliss III ’72 and Patsy Bayliss Richard Gray Bennett ’71 and Sarah M. Bennett ’72 Thomas A. Bennett ’59 and Carolyn W. Bennett Walter G. Benton and Lisa D. Benton ’83 Berbecker Foundation Thomas R. Bland ’02 Benjamin Mayo Boddie Jr. ’76 Mayo Boddie Sr. and Jean Boddie Nickolas B. Boddie and Betsy Boddie William L. Boddie and Kim Boddie Boddie-Noell Foundation William H. Bodenhamer and Linda J. Bodenhamer David A. Bond ’78 and Pam Bond James O. Bond Jr. ’74, ’76 and Connie Minges Bond ’75 Clifton Earl Boyd* ’56 Jane Godwin Boyd ’54 Matthew Thomas Boykin II Branch Banking and Trust Co. C. Christopher Bremer and Barbara W. Bremer ’83 Lawrence F. Brewster* James L. Brooks ’68 Bonnie Brown ’71 William S. Brown and Jane Darden Brown Brown & Wood Inc. Kenneth Reed Bryant and Terry Minges Bryant Michael L. Bunting ’61 Louise O. Burevitch GlaxoSmithKline Joseph Millard Butterworth III and Sandra Faulkner Butterworth Jack Andrew Calvert Sr. ’60 Capital Community Foundation Inc. Carolina Data Systems Progress Energy Carroll and Associates Inc. Thomas Edward Casey ’50 Caterpillar Foundation Caterpillar Inc. Ken Chalk ’68, ’71 and Kay Chalk ’76 Ciba Specialty Chemicals Education Foundation Gabriel Radu Cipau ’74 and Amy Maness Cipau ’82, ’85 Edwin Lafayette Clark Jr. ’79 and Ann Williams Clark Clement Companies Coca-Cola Bottling Company

COECO Glyn Edwin Collins and Jana Collins Willard H. Colson Jr. ’70 and Caroline Colson ’69 Joe P. Covington Jr. ’73 and Janet R. Covington ’73 Stanley Wilson Cox ’64 and Sharon Cox Suddenlink Communications Credit Financial Services Jim Creech ’73, ’74 and Debra S. Creech ’73 Stephen Raymond Cunanan ’87, ’91 and Ellen Mason Cunanan ’88 William A. Darden and Clara M. Darden Red Lobster/Darden Foods J. B. Davis ’67 and Claire Davis Walter R. Davis* Wayland Denton and Elaine Garner Denton ’77, ’78 Diversified Foods Inc. Digital Equipment Corporation Domino’s Pizza Dowdy Student Stores Joyce S. Draughon ’57 DSM Pharmaceuticals Charles Duff and Betty Duff Billy R. Dunn and Valerie Dunn DuPont East Carolina Auto & Truck Derek Dunn and Elizabeth K. Dunn Eastern Nephrology Associates Edward C. Smith, Jr. & Christopher B. Smith Fdn. Don J. Edwards and Judy W. Edwards ’76 I. J. Edwards Jr.* ’60 Rachel Edwards Edwards Lifesciences LLC Elizabeth Tuten Walker* David H. Englert ’75 and Gail R. Englert Equipment Plus Foodservice Gail McClelland* ’31 Celeste A. Deans* Clauda P. Todd* Eunice Garner* Georgina Yeatman* John G. Long* ’51, ’53 Joseph C. Bateman* Leon L. Moore Jr.* Mabel C. Hayden* Mary L. Q. Tuttle* ’56 Estate of Mildred Daniel Cobb Mildred McLawhorn Lancaster* Pearl R. Potter* Violet H. Mitchell* W. C. McClammy* ’63 James S. Ficklen Jr.* First Citizens Bank John M. Fisher ’70 and Joy K. Fisher ’77 Ellen C. Fleming* James L. Fleming* William P. Furr ’65 and Emily Furr Mary D. Furth Thomas G. Gardner Jr. ’73 and Carol Gardner ’73, ’80 GE Medical System Information Technology Gertrude E. Skelly Charitable Foundation Thomas J. Glennon and Alice Glennon Golden Corral Corporation Douglas L. Gomes ’73 Gouras Walls & Ceilings Grady-White Boats Inc. Rudolph Gray and Bette Gray Greater Greenville Foundation Robert J. Greczyn ’73 and Kristen L. Greczyn ’89 Greenville Toyota Gregory Poole Equipment Company Guidant Foundation, Inc. Robert Haywood Hall ’68 and Nancy Hall ’86 John Hallow ’83 and Kim Hallow Karen Hancock Ira M. Hardy II and Mary Ruth Hardy Mary Ruth Hardy* Thomas John Harrison ’79 and Rexanne Anderson Harrison ’82 Robert Dean Hartley ’78 and Charlene M. Hartley Hastings Ford Inc. J. Frank and Elizabeth M. Havens Hendrix-Barnhill Sherwin Herring Erwin and Marti Hester Ronald G. Hight ’60 and Madelyn Coleman Hight ’60 Robert Edward Hill ’62 and Betty S. Hill Henry W. Hinton Jr. ’76 and Debbie Everette Hinton ’75 Dwight Myers Holland and Phyllis Ann Holland A. Wayne Holloman ’64 and Sherry Holloman ’74 Keith D. Holmes Jr. ’68 and Susan T. Holmes ’76 Hospice of East Carolina Mary Ferebee Howard* ’54, ’57 David Reece Howell ’86 John M. Howell and Gladys D. Howell HPC Foundation For Hospice John P. Hudson ’59 and Harriet Hudson ’59 Hudson Brothers Construction Company Betty Debnam Hunt Rector Samuel Hunt III ’65, ’66 and Vicky Hunt Alvin B. Hutzler II ’65 and Joanne Hutzler Thomas G. Irons Sr. and Carol F. Irons ’94 Irwin Belk Educational Foundation ISIR/Koppermann USA William P. Jackson ’61 and Billie T. Jackson Charles D. Jamerson Jr. Grant D. Jarman and Brenda Morgan Jarman ’73, ’77 Jefferson Pilot Foundation Alan T. Jessup ’77 Joe Pecheles Volkswagen Inc. George H. Johnson Jr. and Lynette Dorn Johnson ’86

Johnson & Johnson Dennis Gerald Jones* ’73 J. E. Jones Jr. Max Ray Joyner Jr. and Kelly J. Joyner ’82 Max Ray Joyner Sr. ’55 and Catherine S. Joyner ’59 Kate B. Reynolds Charitable Trust Stephen Preston Keen and Beverly Perkins Keen Michael W. Kelly ’72 and Willo Kelly KIA of Greenville Thomas P. Kidd Jr. and Judy Kidd Kelly S. King ’70, ’71 and Eva Ann King Samuel Craig Kirby ’76, ’82 and Gennie Kirby ’77 J. Bryant Kittrell III and Cynthia Domme Kittrell ’75, ’78 William Mance Bogey Jr. and Jenni Kolczynski Harry Lee Land Jr. ’69 and Kathy Land Barbara Landers* Matthew P. Landers* William B. Langley ’72 and Doris M. Langley Ted B. Lanier ’60 and Peggy Lanier James Lankton Walter Bryan Latham and Janet Mosley Latham John R. M. Lawrence ’80 and Rosa Maria Lopez-Canete Brent Lee and Debi R. Lee Lee Tractor Company Kenneth Eugene Lewis Sr. Thad J. Lewis III ’93 and Carrie M. Lewis Tommie L. Little and Marilee M. Little Ruth Hayes Lokken* Sam Lovelace and Judith A. Lovelace Robert V. Lucas and Victoria Lucas Tom Mallison ’66 and Frances Mallison ’73, ’77 Marion Merrell Dow Inc. David Marshburn and Connie G. Marshburn Timothy N. Martin ’84 Sidney Mason* John Thomas Mathews and Gail Mathews Johnnie E. May ’57 and Anne B. May ’58 Benjamin W. McKenzie III ’72 Vincent K. McMahon ’69 and Linda E. McMahon ’69 Edward C. McRae Medical Mutual Insurance Company of NC Mark Meltzer ’67, ’69 and Nancy B. Meltzer Merck & Company Inc. Milford Unitrust Marie M. Miller Truman W. Miller* J. Fielding Miller ’84 and Kimberly G. Miller William Donald Mills Sr. and Donniere Morton Mills Mabel Minges* Max E. Minges* Tony Ray Misenheimer ’69 and Jeannette Rivers Misenheimer Edward Thomas Mizell ’63 and Barbara Jones Mizell ’63 Mobley Agency Richard Finley Moldin ’70, ’73, ’76 and Nancy Moldin ’73 Mark G. Montenero Collice Clyde Moore Sr. and Ann Nichols Moore Joan Moore Rufus W. Moore* Ruth F. Moore Eleanor Morris* Ed Murphrey and Diane R. Murphrey NACCO Materials Handling Group Inc. National Dodge Inc. New York Yankees Foundation Rachael Mooney Newell* Danny Nichols and Elizabeth T. Nichols ’80 Nickolas B Boddie Sr & Lucy Mayo Boddie Foundation William Keller Normann ’85 and Parker Normann North Carolina Community Foundation Inc. Novartis Oak Foundation James A. Blair and Marsha Blair Michael Reid Overcash ’73 and Susan Wilson Overcash Parker Overton and Becky H. Overton ’67 John Vann Parker and Debbie Parker Parker’s Barbecue Robert Donald Parrott ’65 and Helen Saunders Parrott ’89 Helen Peel* Pepsi/Minges Bottling Group Perkins Trust Fund Don H. Perry ’70 Marguerite Austin Perry Pfizer Inc. Pharmacia Phelps Chevrolet Inc. Piggly-Wiggly of Eastern N.C. Pitt County Pirate Club Robert Bruce Plybon and Mary Edwards Plybon James William Post ’73 and Sandra Long Post ’73 Procter & Gamble William E. Dansey Jr. ’63 Milford Quinn and Reba Sanderson Quinn ’44 Terry Cameron Quinn ’71 and Betty W. Quinn ’72 R. A. Jeffreys Distributing Julian W. Rawl and Barbara Rawl Clarence A. Rawls III ’62 and Patricia Rawls ’64, ’69 Hubert Eugene Rayfield Jr. ’66 and Gayle Rayfield Rhett Alan Raynor ’78 and Sharon Raynor ’80 RBC Bank Ready Mixed Concrete Company Red Lobster Nina Belle Redditt* Registrar’s Office Richard Randolph Reid ’75 and Betty Minton Mike Renn ’73, ’94 and Becky Renn ’73, ’77 Robert S. Rippy ’75 and Jennifer Rippy ’73 Rivers & Associates RJR Nabisco Inc.

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Roanoke Chevrolet William Riley Roberson III and Olivia Grimes Roberson William Riley Roberson Jr.* Charles Rogers and Julia “Jewelle” Rogers ’56 Mike Rogers and Janet D. Rogers W. Howard Rooks 55 Walter Julius Pories and Mary Ann Rose Dennis P. Ross Glennie L. Rouse* Sampson-Bladen Oil Company Schwab Fund for Charitable Giving Mrs. Ann Rhem Schwarzmann ’57, ’58 Mustafa Selim W. Allen Separk ’65 Louis W. Sewell Jr. ’61, ’66 and Doris Sewell ’64 Kevin M. Shannon ’81, ’82 and Lori Coates Shannon Raymond Paul Sharpe and Pamela M. Sharpe Evelyn W. Simpson* Harry L. Sloan Amblick Thomas Smith Henry Lewis Smith and Tracey F. Smith William Kincy Smith II and Grace D. Smith ’67 Southco Distributing Company Reginald Coleman Spain ’86 and Bonita B. Spain ’87 Elizabeth H. Sparrow ’75, ’76 Wendall Keats Sparrow* ’64, ’65 Embarq St. Jude Medical, Inc. Ken Stallings ’80 and Nina Griffin Stallings ’80 State Farm Mary L. Staton* ’47 Michael H. Steadman ’74 and Deborah Steadman ’74 Beverley Stevens Jean M. Stevens ’56, ’63 Robert Charles Strickland ’89 and Wanda Strickland Harry Williams Stubbs IV ’74, ’77 T. A. Loving Company James R. Talton Jr.* ’65 Myrtle Talton ’65 Taylor Foundation Robert Dillard Teer Sr. and Mildred Teer The Burroughs Wellcome Fund The Cannon Foundation The Daily Reflector The East Carolina Bank The Gravely Foundation The Ji & Li Family Foundation The L.T. Walker Intl. Human Perf. Center Daisy & Walter C. Latham Foundation The Murray & Sydell Rosenberg Foundation Thelma Roberts Hall* The Winston-Salem Foundation Thomas B. and Robertha K. Coleman Foundation Richard C. Todd* Paul Thomas Trevisan and Sybil Moody Trevisan Graydon W. Tripp ’59 and Melba Rhue Tripp ’63, ’64 J. Randolph “Randy” Tripp and Linda A. Lynn Tripp ’80, ’81 Libby Tripp-Cox Harold C. Troxler ’57 Roy E. Truslow John Bernard Tudor ’80 George C. Turner and Sue Turner David Reid Tyler ’80, ’83 and Marion H. Tyler ’78 Marshall E. Tyner Jr. ’79, ’81 and Jennifer S. Tyner ’80 United Energy Inc. United Negro College Fund Inc. University Book Exchange Inc. University Health Systems US Cellular Robert Carl Vause Jr. ’73 and Mary Whitside Vause ’76 Anita Torund Vermund Drs. Pilar Vargas and Sten H. Vermund Halvor Vermund* Thomas Martin Vicars Jr. ’74, ’76 Wake County Pirate Club James A. Walker ’68 and Adria Ward Walker Joseph L. Wallace and Judy Wallace Walter J. and Lillie A. Berbecker Scholarship Alfred S. Wang and Veronica C. Wang James Harvey Ward III ’74 and Katie Ward Gary L. Warren ’81 Rhonda S. Warren ’82 Washington Toyota Philip R. S. Waugh Jr. ’82 and Jean Wilder Waugh ’84 Robert Howard Weber Jr. ’72 Wells Fargo Robert Lee West and Roberta E. West West Memorial Fund William J. Wester and Stephanie K. Wester Weyerhaeuser Company Foundation David J. Whichard II and Judith K. Whichard Barbara S. White Steven M. White* Jerry Lynn Wilkins ’62 and Andrea H. Wilkins David Lee Williams and Terri B. Williams ’87 Stephen T. Williams Henry G. Williamson Jr. ’69, ’72 and Nancy Williamson Linda Lee Willis ’91 WITN TV Inc. David and Sydney Womack Dr. Harriet Wooten John L. Wooten* Richard Killian Worsley Wyeth Pharmaceuticals Dennis Allen Young Sr. ’69 and Ellen Young * Deceased

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Leo W. Jenkins

Society

The Leo W. Jenkins Society, the university’s planned-giving society, bears the name of one of ECU’s most distinguished leaders and was established in 2001 to honor philanthropic benefactors of the university. Contributors of various forms of planned gifts display solidarity with Chancellor Jenkins’s legacy by investing the fruits of their labor toward East Carolina’s pursuit of excellence.

Membership in the society is conferred upon all benefactors who have included East Carolina in their estate plans by means of a bequest provision in their will or living trust or by naming the university as beneficiary of a planned-giving arrangement, life insurance policy, or pension plan.

Gregory L. Abeyounis ’06 Michael Curtis Aho ’02 Charles H. Allen ’72 and Tracey Hill Allen ’99 C. Michael Aman ’81, ’83 and Page S. Aman ’82, ’84 Gene Aman ’65 and Helen Aman Kenneth Wayne Ashley ’90 and Lisa Ashley Tony Robertson Banks* ’72 Robert Kelly Barnhill Sr. and Mary Ann Barnhill Harold H. Bate* Michael Ray Baynes ’73 Richard F. Bean Clarence B. Beasley* Julia Weskett Beasley Irwin Belk and Carol Grotnes Belk Dorothy J. Berry Geraldine M. Beveridge* ’39 Bill and Barbara Blount Emily S. Boyce ’55, ’60 Lawrence F. Brewster* Elizabeth M. Britt Bradford Marshall Brown ’85 and Deborah K. Brown ’84, ’86 Ernest Lawson Brown Jr. ’72 Maurice Leland Bunch III ’89, ’90 and Claudia Bunch ’86 Alston W. Burke ’53, ’58 Archie R. Burnette* John A. Campbell Jr.* Agnes M. Canzona ’57 Frank Ceruzzi ’50 Delorene P. Charest* ’50 Beatrice A. Chauncey James T. Cheatham and Brenning B. Cheatham William C. Cobb* ’56, ’59 Charles R. Coble Wallace E. Cockrell ’66 James Beverly Congleton Jr. Vera W. Congleton ’45 Rebekah C. Covell ’61 Phoebe M. Dail Mamie Peaden Daniel* Howard Glenn Daniel* Lucille H. Daniel ’96 H. Frances Daniels* ’49, ’56 Jim Bellamy and Nancy W. Darden ’56 Doris L. Davenport Helen Dees Samuel B. Dees* ’38 Betsy E. Ellis* Theodore R. Ellis III Estate of Mildred Daniel Cobb Verona Lee Joyner Langford* ’35 Janice Hardison Faulkner ’53, ’56 Curtis G. Fields* ’55 James L. Fleming*

William Hulme Fleming and Kelly Carlough Fleming Charles A. Freeze* Carolyn Ann Fulghum ’59, ’65 Eugene D. Furth* Mary D. Furth Thomas G. Gardner Jr. ’73 and Carol Gardner ’73, ’80 Whitaker Bernard Ham ’53 Edward MacGregor Hamilton Jr. ’77 and Mary L. Hamilton Karen Hancock William W. Hankins and Denise Hankins ’73 Edward J. Harper II ’71 Rose D. Harrison ’42 James L. Hatcher and Alice V. Hatcher Virginia Herrin* Erwin and Marti Hester Melanie Lace Higgins ’82 Robert Edward Hill ’62 and Betty S. Hill Dwight Myers Holland and Phyllis Ann Holland Mary Ferebee Howard* ’54, ’57 Gordon Reece Howell Jr. ’64 and Irene Howell Douglas Wade Huggins Stanley John Humienny Jr. ’79 and Brenda Humienny ’79 Rosa Alice Hunnings ’47, ’56 Betty Debnam Hunt Richard Hunter and Sara McKenzie Hunter ’46 Alan T. Jessup ’77 Elizabeth Pate Johnson ’53 Frankford M. Johnson* Hal S. Johnson ’82, ’83 and Debbie Truby Johnson Edwin B. Jones ’58 and Joan Jones Max Ray Joyner Sr. ’55 and Catherine S. Joyner ’59 Gerhard W. Kalmus and Karin C. Kalmus ’88 Benjamin F. Keaton ’57, ’61 and Randolph Umberger Michael W. Kelly ’72 and Willo Kelly Lynn N. Kelso* J. Bryant Kittrell III and Cynthia Domme Kittrell ’75, ’78 Michael Barry Kodroff Hervy B. Kornegay Sr., MD and Deborah K. Kornegay ’71, ’81 H. D. Lambeth Jr. Ted B. Lanier ’60 and Peggy Lanier George Lautares ’41 and Esterre B. Lautares Zeplin Sanford Lee Jr. ’64 and Bonnie Lee Kenneth Eugene Lewis Sr. Tommy Glynn Lewis II ’89 and Janice Lewis John W. Lowe Jr. ’70 and Nelda Sullivan Lowe ’70 Tom Mallison ’66 and Frances Mallison ’73, ’77 Bonnie G. Mani ’73 Morris Duncan Marley and Beverly Nickens Marley ’73 Johnnie E. May ’57 and Anne B. May ’58 Robert T. Maynard ’58 and Virginia B. Maynard ’57 William Charles McClammy* ’63 Gail L. McClelland* ’31 Thomas McLean

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Mark Meltzer ’67, ’69 and Nancy B. Meltzer Dan Lynn Merrell ’75 Marie M. Miller Gayle B. Miriello Edwin W. Monroe and Nancy Monroe Stephen C. Morrisette ’69 and Linda Morrisette ’70 Emil Nicolaysen* Lucy A. Nicolaysen Nancy Ann Nicoletti ’71 William Keller Normann ’85 and Parker Normann Joseph Benjamin Pace ’72 and Sally O’Quinn Pace Michael S. Patterson and Mary Rudroff Patterson ’71 Jesse R. Peel Helen Peel* Treva P. Pendleton* ’30 Marguerite Austin Perry E. Hayes Petteway ’71 and Mary Anne Petteway Timothy M. Phelps and Debra Boswell Phelps ’80 Charles M. Poole Stanton R. Prentiss C. Ray Pruette R. William McConnell and Mary J. Raab Martin Rabunsky and Carolyn C. Rabunsky Kenneth Ray Wilson and Christa Ludwine Reiser Mike Renn ’73, ’94 and Becky Renn ’73, ’77 Patricia Liccardi Rice Burney Ray Rivenbark ’67 and Judy Rivenbark ’65 Ronald G. Ellis, Jr. and Earl L. Roberson William Riley Roberson Jr.* Ledyard E. Ross ’51 Martiel C. Ross Otha S. Rountree Claude Sawyer and Barbara P. Sawyer Mrs. Ann Rhem Schwarzmann ’57, ’58 Lillian J. Scott* ’67 W. Allen Separk ’65 Barbara Ann Smith Wendall Keats Sparrow* ’64, ’65 Nell A. Stallings* Pennie M. Stephens Beverley Stevens Vernon Stewart and Caron H. Stewart ’83 Harry Williams Stubbs IV ’74, ’77 Scott David Talcott ’84 Sarah H. Taylor ’87 Clinton E. Thomas Jr. ’68 M. Louise Thomas James B. Thompson Jr. and Marie S. Thompson ’74, ’82 Clauda Pennock Todd* Gordon Earl Trevathan Jr. Harold C. Troxler ’57 Roy E. Truslow Lester E. Turnage Jr.* Marshall E. Tyner Jr. ’79, ’81 and Jennifer S. Tyner ’80 Robert Brian Van Metre Jack Warren and Carlynn J. Warren Philip R. S. Waugh Jr. ’82 and Jean Wilder Waugh ’84 Robert Lee West and Roberta E. West James Edmond White Jr. and Carol Ann White Bynum J. Whitehurst ’54 and Sarah Whitehurst Minnie Marguerite Wiggins* Walter L. Williams ’51, ’55 and Marie S. Williams ’53 Cecil Troy Wilson Dr. Harriet Wooten Richard Killian Worsley Ralph C. Worthington ’73, ’76 and Darlene SmithWorthington ’83 Robert L. Zucker and Anne Strickland Zucker * Deceased

Ways to

Give

to ECU

Frequently Asked Questions about Making Gifts to East Carolina

What types of gifts can I give?

How will my gift be used?

What assets can I give?

The three most popular gift assets are as follows:

There are three main categories:

Cash

A gift of cash is the simplest and most immediate way to give. Cash gifts may be pledged over a multiyear period for fulfilling larger commitments. Cash gifts are fully deductible up to 50 percent of the donor’s adjusted gross income.

Unrestricted Funds

Allows for funds to be directed to areas of pressing need.

Restricted Funds

Designated for a specific program of the donor’s personal interest.

Appreciated Securities

Named Endowed Funds

A minimum contribution of $25,000 made through a lifetime gift or by bequest establishes an endowed fund, which can be named for a person of the donor’s choice.

The principal is preserved while the income supports the program. The university has established minimum gift levels for scholarship, professorship, fellowship, research, and other special funds.

A gift of long-term appreciated securities is exempt from capital tax gains. Appreciated stock gifts are deductible up to 30 percent of the donor’s adjusted gross income.

Real Estate

In some cases, property can be given outright, and a charitable income tax deduction equal to the property’s fair market value is received by the donor. Real estate also will be considered for funding life-income arrangements.

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What are life-income gifts?

What other ways can I give?

Here are three examples of gifts that provide lifetime income and future project support.

Bequests

Charitable Gift Annuities

Gift annuities provide a fixed rate of return to one or two annuitants. Older donors receive higher rates.

Deferred Charitable Gift Annuities

An excellent supplemental retirement fund vehicle, payments are deferred to some future date with the payout rate determined by the deferral period and the age of the donor at the time payments begin.

Charitable Remainder Trusts

A personalized trust in which the donor selects the payout rate (unitrust) or fixed annuity (annuity trust) to receive during the trust’s duration. Because they can require involvement of an administrator and/or money manager, trusts are generally cost effective at levels of $250,000 or more.

For many donors, a gift made through their will is the best way to make a substantial contribution. Donors can leave a percentage of their estate or a specific dollar amount to any East Carolina University foundation. A bequest can reduce or eliminate federal estate taxes without depleting current assets.

Gifts from your IRA or Qualified Retirement Plan

You can leave a dollar total or percentage of your IRA or other qualified retirement plan with any East Carolina University foundation. This is a revocable gift that works the same as a bequest provision. It is very simple to do; all that is required is that you list the formal name of the foundation on the Beneficiary Designation Form that is provided to you by your provider. This form will be sent to you upon your request from your retirement plan manager.

Gifts of Life Insurance

You can make any of the East Carolina University foundations the owner or beneficiary of a current or newly established life insurance policy. These are especially great contributions in the instance that the donor realizes they no longer need the policy for protection as they did many years ago when it was established.

Online Giving

www.giving.ecu.edu

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Information Contact

If you have questions or would like to obtain additional information, please contact us: East Carolina University Foundation Inc. Greenville Centre, Suite 1100 Mail Stop 301 East Carolina University Greenville, NC 27858-4353 252-328-9578 web site: www.ecu.edu/ecuf give online: www.giving.ecu.edu Advancement Staff on page 20

ECU Medical & HEALTH SCIENCES Foundation Inc. 525 Moye Boulevard Mail Stop 659 East Carolina University Greenville, NC 27834-4354 252-744-2238 web site: www.ecu.edu/cs-dhs/mhsfoundation give online: www.giving.ecu.edu Advancement Staff on page 34

ECU Educational Foundation Inc. (Pirate Club) Ward Sports Medicine Building Mail Stop 158 East Carolina University Greenville, NC 27858-4353 252-737-4540 web site: www.ecupirateclub.com give online: www.ecupirateclub.com Advancement Staff on page 48

East Carolina Alumni Association Inc. Taylor-Slaughter House 901 East Fifth Street Mail Stop 305 East Carolina University Greenville, NC 27858-4353 252-328-6072 web site: www.piratealumni.com JOIN online: www.piratealumni.com (Click on Join or Renew Online) Alumni Staff on page 62

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Non-profit org.

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